Price Reduction
372 Monroe ST Monterey, CA
$ 1,336,750
Property Attributes
  • MLS#ML81870742
  • TypeIncome
  • CountyMONTEREY
  • CityMonterey
  • AreaOld Town Monterey
  • Zip93940
  • StyleTraditional,Victorian
  • Price$ 1,336,750
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1631
  • Lot Size5,998 SqFt
Listing Provided Courtesy Of:
Monterey Peninsula Home Team with KW Coastal Estates.
Data Source:
Property Description

Attention Investors! You are going to love this classic Monterey craftsman cottage that has three rental units. Located on Spaghetti Hill, just above downtown Monterey, this cottage exudes charm and has great curb appeal. The front unit has 2 bedrooms, one bath, a living room with a fireplace, a dining room, and a spacious kitchen. It features high ceilings, plaster walls, and detailed wood finishes on the walls, door frames and windows. It even has a peek of the bay! The attached second unit is a 1 bedroom, 1 bath with an open kitchen/living room. The 3rd unit is detached and has 1 bed, 1 bath, a spacious living area and modest kitchen. The property includes a 1500+ sf basement with an additional bath plus an oversized 1 car garage. It is near Del Monte Beach, Cannery Row, the DLI and MIIS. Move it to your short list!

Price History
11/19/2021 Listed $1,367,085
1/22/2022 3% - $1,336,750

General Features

# of Buildings 3
Accessibility None
Additional Rooms Storage
Age 101
Amenities Misc. High Ceiling, Open Beam Ceiling
Architectural Style Traditional, Victorian
City Limits (y/n) Yes
Construction Materials Wood Frame
Cooling None
County Monterey
Flooring Carpet, Vinyl / Linoleum
Heating Central Forced Air - Gas, Wall Furnace, Other
Listing Agent State License 70000352
MLS Area Old Town Monterey
Number of Garage Spaces 1
Property SubType Triplex
Property Type Residential Income (2-4 units)
Roof Composition, Rolled Composition
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Public Utilities
View Bay, City Lights, Mountains
Virtual Tour
Virtual Tour
Water Private / Mutual
Year Built 1920
Zoning Text R1-R3

Interior Features

Building Unit Total 3
Kitchen Dishwasher, Oven Range - Gas, Refrigerator
Laundry Features None
Living Sqft 1631
Unit 1 Rent 1325
Unit 2 Approx Square Footage 413
Unit 2 Number Of Bedrooms 1
Unit 3 Approx Square Footage 376

Exterior Features

Building Area Total 1631
Foundation Details Concrete Perimeter
Horse Property No
Lot Acres 0.1377
Lot Description Grade - Sloped Up
Lot Size Area 6000.00
Lot Size Units Square Feet
Maximum Lot Size 6000.00
Meters Master Electric, Master Gas, Master Water
Parking Features Detached Garage, On Street
Parking Spaces 2
Sewer/Septic Sewer - Public
Yard/grounds Back Yard, Balcony / Patio


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 93940

AVG $1.39M
AVG 20
Year Built
AVG 1949

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