700 David Avenue
Monterey, CA 93940
4
Bed
0
Bath
2,235Sqft
6,098Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Composition Property Appliances: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Refrigerator Flooring: Carpet -
Cooling Features
None Air ConditioningHeating Source
Electric Has Heating
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Building Information
Year Built: 1987 Building Area Total: 2,235 Construction: Concrete Roof: Composition -
Foundation
SlabSecurity Features
Security Lights -
Accessibility Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.14 -
Lot Size Source: Assessor Lot Size Square Feet: 6098
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Listing Price Information
Original List Price: 1,600,000 Listing Contract Date: 2026-04-18 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 001087005000 Annual Tax: 17600
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Garage and Parking
Garage Description: Carport,Guest,Off Site,Off StreetHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Corner of David and Spencer Cross Street: Spencer Zoning: R-3-5 Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Quadruplex -
Building and Construction
Property Age: 39 Structure Type: Quadruplex Year Built Source: Assessor Total Square Feet Living: 2235
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Archer Street, Monterey, CA, 93940 | $1,985,000 | -- | -- | 2,214 | 2,214 SqFt |
| 1043 5th Street, Monterey, CA, 93940 | $2,300,000 | 7 | -- | 3,727 | 3,727 SqFt |
| 883 Lighthouse Avenue, Monterey, CA, 93940 | $1,500,000 | 3 | -- | 2,633 | 2,633 SqFt |
| W Franklin Street, Monterey, CA, 93940 | $1,649,000 | 3 | -- | 1,707 | 1,707 SqFt |
| 830 Parcel Street, Monterey, CA, 93940 | $1,650,000 | 8 | -- | 3,436 | 3,436 SqFt |
| 32 Via Ventura, Monterey, CA, 93940 | $1,600,000 | 5 | -- | 2,228 | 2,228 SqFt |
Similar Multifamily To 700 David Avenue
Nearby For Sale
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ByOwner last updated this listing 06/04/2026 @ 13:40
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