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$3,650,000
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Property Description
Fantastic, highly desirable location, 1/2 block from downtown Monterey. A short stroll to stores, post office, Middlebury Institute, and the beach! All but one studio apartment is separately metered for gas and electric. Parking for up to 6 vehicles in the the rear, and on-site laundry facility for tenant convenience. Monterey is a strong rental market with a dearth of affordable housing. The property is zoned commercial. 15 apartments with corresponding water credits, nestled among the beautiful, historic adobes.
Full Property Details
Full Property Details for 573 Polk St
General
- Price: $3,650,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82030300
- Updated: 1/5/2026
- Added to Site: 11 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Laminate, Tile
Rooms
Other Rooms
- Kitchen: Ceramic Countertop, Formica Countertop, Granite Countertop, Gas Oven/Range, Refrigerator
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Carport , Unassigned Spaces, Uncovered Parking
Location
- Area: Downtown/Fisherman Wharf
- County: Monterey
- Cross Streets: Hartnell Street
Community
- Assoc. Fees Include: Common Utility Room
Heating & Cooling
- Cooling Type: Ceiling Fan
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: Cable TV
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Architectural Style: Craftsman
- Construction: Wood Frame
- Foundation: Concrete Perimeter
- Roof: Composition
- Disability Access: None
- Square Feet: 6,220
- Year Built: 1926
Unit Information
Unit 2
- Square Feet: 400
- Bedrooms: 1
Unit 3
- Square Feet: 950
- Bedrooms: 2
Lot Features
- Property View: None
- Minimum Lot Size: 13200
- Building Sites: 3
- Grounds/Landscape: Low Maintenance
- Zoning: PC
- Lot Description: Mostly Level
Disclosures and Reports
- Restrictions: Pets Not Allowed
Listed by Pacific Street Real Estate, Inc., C. Della Sala
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Schools
Schools serving 573 Polk St
School District:Monterey Peninsula Unified School District
| Name | Grades | Distance |
|---|---|---|
Monte Vista 251 Soledad Drive, Monterey, CA 93940 | K-5 | 0.8 mi |
Monterey High School 101 Herrmann Drive, Monterey, CA 93940 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 573 Polk St
Date
Details
Price
Change
Source
1/05/2026
Listed
$3,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 573 Polk St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,492
10%
$973,300
2%
2024
$12,254
15%
$954,275
2%
2023
$10,641
1%
$935,623
2%
2022
$10,500
1%
$917,337
2%
2021
$10,353
4%
$899,410
1%
2020
$9,976
-4%
$890,219
2%
2019
$10,444
4%
$869,824
2%
2018
$10,045
8%
$852,770
2%
2017
$9,332
2%
$836,050
2%
2016
$9,173
1%
$819,658
2%
2015
$9,047
2%
$807,347
2%
2014
$8,901
2%
$791,533
—
2013
$8,698
—
$787,957
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 573 Polk St
573 Polk St, Monterey, CA 93940 (MLS# ML82030300) is a Commercial Residential Facility property. 573 Polk St is currently listed for $3,650,000 and was received on January 05, 2026. Want to learn more about 573 Polk St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Monterey? You can browse all Monterey real estate or contact a Coldwell Banker agent to request more information.

