37 Portola Ave, Monterey, CA, 93940
About This Home
Tucked into Monterey's sun belt a short stroll from Del Monte Beach, this fully renovated Spanish bungalow lives far larger than its footprint. The bright, open main house pairs 1924 character with a remodeled kitchen featuring quartz counters, stainless appliances, and designer tile, plus a beautifully updated bath and two restful bedrooms. Outside is where it wins: a rare street-to-street lot with a private fenced yard, multiple patios for dining al fresco, and a versatile detached bonus space with rear access, ready for your office, gym, or creative pursuits. Walk or bike to the Rec Trail, the wharf, and downtown in minutes, then come home to sunshine while the fog settles elsewhere. Turnkey and proven as a high-performing rental, it shines as a full-time residence, coastal getaway, or income property. Homes offering this location, condition, and flexibility rarely surface at this price. Leave by the back gate and your toes are in the sand in about five minutes.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Foundation: Concrete Perimeter,Crawl Space
- Roof: TarGravel, Polyurethane
Type & Style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Exhaust Fan,Disposal,Range Hood,Refrigerator,Wine Refrigerator,Washer/Dryer
Bathroom
- Features: DualFlushToilet, StallShower, Tile, UpdatedBaths
Bedroom
- Features: BedroomonGroundFloor2plus
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: BreakfastBar, EatinKitchen
Family Room
- Features: KitchenFamilyRoomCombo
Features
- Door features: None
- Flooring: Laminate,Tile
Heating & Cooling
- Heating features: Central Forced Air Gas,Forced Air
- Cooling features: Other
Interior Area
- Total structure area: 748
- Total interior livable area: 748 sqft
Kitchen
- Features: ExhaustFan
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 013025003000
- Zoning: R1
- Special condition: Standard
Features
- Stories: 1
- Patio & porch: Balcony/Patio,Enclosed
- Exterior features: Back Yard,Fenced,Storage Shed Structure,Drought Tolerant Plants
- Fencing: Perimeter
- Has view: Yes
- View description: Other
Lot
- Lot size: 3,200 sqft
- Features: Level
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Coastal Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,677 | $56,124 |
| Home Insurance * | $162 | $1,944 |
| Property Taxes | $906 | $10,872 |
| Electricity | $398 | $4,786 |
| Total | $6,143 | $73,716 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Price change | $925,000 |
| 2026-07-14 | Listed for sale | $949,000 |
| 2026-01-18 | Listing removed | $3,800 |
| 2026-01-05 | Listed for rent | $3,800 |
| 2021-07-13 | Sold | $720,000 |
| 2021-06-20 | Contingent | $727,000 |
| 2021-06-09 | Listed for sale | $727,000 |
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