1230 Del Monte Ave, Monterey, CA, 93940
About This Home
Discover a remarkable real estate opportunity featuring 13 Doors on 3 parcels and 1 Private Parking lot. Parcel #1 consists of a Commercial Space and a Residential Fourplex in back. Parcel #2 consists of a Main House with 2 separate guest units in back. Parcel #3 consists of a Main House with a Fourplex. These properties have been nicely remodeled and bring in a steady stream of rental income. Nestled in a vibrant neighborhood, these units are close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte Beach, and downtown Monterey! Don’t miss the chance to own this dual-purpose gem!
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Shingle
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Property
Details
- Parcel number: 001824006000
Parking
- Total spaces: 15
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
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 | $18,203 | $218,436 |
| Home Insurance * | $633 | $7,596 |
| Property Taxes | $1,890 | $22,680 |
| Electricity | $398 | $4,786 |
| Total | $21,124 | $253,488 |
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 |
|---|---|---|
| 2026-04-28 | Price change | $3,800,000 |
| 2026-04-01 | Listed for sale | $4,000,000 |
| 2021-12-14 | Sold | $3,150,000 |
| 2021-10-13 | Contingent | $3,300,000 |
| 2021-09-08 | Price change | $3,300,000 |
| 2021-08-27 | Listed for sale | $3,495,000 |
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