Rare opportunity to acquire a well-located triplex in the heart of New Monterey. This property features three single-level units with functional, well-designed layouts and attractive finishes that appeal to todays tenants. Ideally positioned within easy walking distance to Downtown Monterey, residents can enjoy quick access to shops, restaurants, and everyday conveniences. The beach, Cannery Row, Monterey Bay Aquarium, and other iconic Monterey amenities are just a short stroll away, making this an exceptionally desirable rental location. Close proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School creates consistent rental demand and contributes to a strong, healthy rent roll. The property has been well maintained and offers a turnkey investment with long-term upside in one of Montereys most sought-after neighborhoods. Offered for the first time on the market, this is a rare chance to own a legacy multifamily asset in a prime coastal location with proven income performance and excellent walkability.
The income description goes here to explain
| List Price | $1,500,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,204 |
| Number of Stories | 1 stories |
| Parking Spots | 3 spots |
| Year Built | 1958 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 001151014000 |
| MLS # | ML82033151 |
| Property ID | 322553796 |
| Lot Sqft | 6,033 |
| Zoning | R-2 |
| Days on Market | 25 |
| Original List Price | $1,500,000 |
| Date Updated | February 09, 2026 |
| Date Created | January 30, 2026 |
The C Group an agent of . Lic #70010221
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 09, 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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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT