Monterey CA 93940 | MLS #ML82058850

Monterey, CA, 93940
$1,500,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #ML82058850 image #0
.Excellent investment opportunity in a centrally located Monterey neighborhood! This five-unit- apartment property is conveniently situated on Ramona Avenue, just off Fremont Street, with easy access to shopping, dining, transportation, and all that the Monterey Peninsula has to offer. All five units are approximately the same size and are currently occupied. Each unit was updated in 2018 each unit is 1 bd with 1 bath, fresh interior paint, remodeled kitchens, and updated flooring. The property also offers plenty of on-site parking for residents. A wonderful opportunity to own a fully occupied five-unit investment property in a desirable and convenient Monterey location.

Property Details

Price:
$1,500,000
MLS #:
ML82058850
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Sep 1, 2026
Total Sq Ft:
2,681
Lot Size:
6,050 sqft / 0.14 acres (approx)
Year Built:
1955
Parking Total699 – Not Defined699notdefinedOther

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Schools

School District:
Other

Interior

Cooling
NO
Heating
CF
Laundry Features
NO

Exterior

Parking Spots
1
Parking Total
1
Roof
SHN

Financial

Taxes
$22,000

Map

Community

Market Summary

Current real estate data for Commercial in Monterey as of Sep 17, 2026
13
Commercial Listed
168
Avg DOM
$3,314,615
Avg List Price

Property Summary

    Monterey CA is a Commercial for sale in Monterey, CA, 93940. It is listed for $1,500,000 To schedule a showing of MLS#ml82058850 at in Monterey, CA, contact your Compass agent at 310.409.7242.

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