700 David AVE, Monterey, CA 93940

$1,550,000
2,235
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,550,000
List Price
$1,600,000
Closing Date
Jul 16, 2026
MLS#
ML82043619
Status
SOLD
Zoning
R-3-5
Sqft. of Residence
2,235
Lot Size
6,098
Listing Area
New Monterey

Property Description

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.

Additional Information

Age
39
Cooling System
None
Floor Covering
Carpet, Vinyl / Linoleum
Foundation
Concrete Slab, Reinforced Concrete
Garage Parking
Assigned Spaces, Carport, Enclosed, Guest / Visitor Parking, Off-Site Parking, Off-Street Parking
Heating System
Electric
Laundry Facilities
Washer / Dryer
Living Area
2,235
Lot Size
6,098
Neighborhood
New Monterey
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Special Features
None
Style
Contemporary
Total Number Of Units
4
Unincorporated Yn
Yes
View
Bay View, View of City Lights, Hills, View of Mountains, Ocean View
Zoning
R-3-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jeannie Ferrara from Coldwell Banker Realty. 831-236-1111

Selling Office: RADAR.

board logoBased on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Copyright 2026 MLSListings Inc. All rights reserved