700 David Ave, Monterey, CA 93940 | For Sale

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For Sale $1,600,000 ($715.88 per Sq Ft)

$1,600,000 ($715.88 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,235 Sq Ft
  • 6,098 Sq Ft

Description

Ideally located on a large corner lot just blocks from the bay, Cannery Row, Monterey Bay Aquarium, restaurants, shopping, the scenic recreation trail, public transportation and more. Built by the current owner's family in 1987, this is the first time this property has been on the market. The foundation of the building is a reinforced concrete carport with 5+ parking spaces and storage for each unit. The apartments are on the second level, taking advantage of the bay views. This fully occupied fourplex has a strong rental history making it an excellent investment and key asset for your portfolio.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,600,000
Property Type Fourplex (4-units)
Usable Sqft 2,235
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1987
Last Sold Unknown
Sold Price Unknown
APN # 001087005000
MLS # ML82043619
Property ID 322769660
Lot Sqft 6,098
Zoning R-3-5
Days on Market 39
Original List Price $1,600,000
Applicances Dishwasher,Electric Cooktop,Electric Oven,Disposal,Refrigerator%
Date Updated May 18, 2026
Date Created April 18, 2026
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Listing Provided By

Jeannie Ferrara an agent of Coldwell Banker Realty. Lic #01464647


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 18, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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