
830 Parcel St Monterey, CA 93940
New Monterey NeighborhoodEstimated payment $11,741/month
About This Home
Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring approved plans for an additional 2-bed accessory dwelling unit, this property offers immense potential. Each unit is a spacious 2-story townhouse with tasteful upgrades, ensuring comfortable and modern living. Perfectly situated near Cannery Row, Pacific Grove, and the Taylor Street gate to the DLI, the location is ideal for attracting renters. Enjoy a fantastic rent roll with room for growth in this prime spot above the iconic Monterey Bay. Just minutes from downtown Monterey, Cannery Row, and Downtown Pacific Grove, this property combines convenience and charm in one of the most desirable areas. Don't miss out on this unique investment in a truly unbeatable location!
Property Details
Home Type
- Multi-Family
Year Built
- 1969
Home Design
- Quadruplex
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,436 Sq Ft Home
- 2-Story Property
Parking
- 2 Parking Spaces
- 4 Carport Spaces
Additional Features
- 5,001 Sq Ft Lot
- Wall Furnace
Community Details
Overview
Building Details
- 4 Leased Units
- Insurance Expense $2,342
- Maintenance Expense $175
- Manager Expense $3,880
- Utility Expense $2,952
- Trash Expense $1,790
- Operating Expense $31,139
- Gross Income $105,840
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/11/2024 12/11/24 | Price Changed | $1,800,000 | -5.3% | $524 / Sq Ft |
07/30/2024 07/30/24 | For Sale | $1,900,000 | +18.8% | $553 / Sq Ft |
12/05/2021 12/05/21 | Sold | $1,600,000 | 0.0% | $466 / Sq Ft |
12/05/2021 12/05/21 | Pending | -- | -- | -- |
12/05/2021 12/05/21 | For Sale | $1,600,000 | -- | $466 / Sq Ft |
Similar Home in Monterey, CA
Source: MLSListings
MLS Number: ML81974937

APN: 001-179-035
- 551 Gibson Ave
- 621 Mcclellan Ave Unit Studio
- 2875 David Ave
- 155 14th St
- 380 Belden St Unit Charming Studio Apartment
- 350 Van Buren St
- 740 Crocker Ave
- 1141 Lighthouse Ave
- 57 Soledad Dr
- 1 La Playa St
- 66 Mar Vista Dr
- 4113 Crest Rd
- 302 Ocean Ave
- 302 Ocean Ave
- 201 Glenwood Cir
- 300 Glenwood Cir Unit 160
- 300 Glenwood Cir
- 205 Dunecrest Ave Unit 1
- 200 Dunecrest Ave
- 151 Surf Way