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Old Town Monterey Real Estate in Monterey, CA

Search all Old Town Monterey neighborhood real estate listings of homes and condos for sale plus foreclosures, short sales and Old Town Monterey information on one easy site.

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$859,000
5 Beds ⋅ 1 Baths ⋅ ML81919118 MLS
A rare & exciting renovation opportunity awaits you. This 1920's Craftsman home is brimming with potential, waiting for new, skilled owners to breathe life back into its once-grand architecture. The downtown area offers a vibrant atmosphere & a host of amenities, incl the Alvarado Street shops, iconic Fisherman's Wharf, & esteemed MIIS. As you step in, you'll find an open floor plan with endless possibilities for reimagining the space. The great room boasts a beamed ceiling and a fireplace, creating an inviting ambiance. While a standard kitchen is absent, an adjacent sun-filled room presents the perfect location for culinary endeavors. It's important to note that the property info listed in the (MLS) is based on public records. As a responsible buyer, verify the floorplan, sf, & building requirements by the City to ensure it aligns with your vision for this renovation project. With its prime location & beauty of its surroundings, this home eagerly awaits its transformation.

898 W Franklin ST, Monterey
$360,000
ML81901932 MLS
Highly successful restaurant with up to 10 years on current lease situated on Alvarado Street amidst the top performing restaurants and entertainment venues. Current owner has maintained this $1m gross revenue business with high NOI annually above $250,000 pre- and post-pandemic. Established in 1990's this iconic restaurant draws locals and international visitors 365 days a year. Only qualified buyers with signed NDA will received financials and confidential information.

Alvarado ST, Monterey
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