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$1,550,000
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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.
Full Property Details
Full Property Details for 700 David Ave
General
- Sold For: $1,550,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82043619
- Added to Site: 111 day(s) ago
Interior
- Flooring: Carpet, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Electric Cooktop, Formica Countertop, Dishwasher, Garbage Disposal, Electric Oven, Refrigerator
- Laundry: Washer / Dryer
Additional Information
- Extras: Not Applicable
- Security/Safety: Security Lights
Parking
- Parking Features: Assigned Spaces, Carport , Enclosed, Guest/Visitor Parking, Off-Site Parking, Off-Street Parking
Location
- Area: New Monterey
- County: Monterey
- Cross Streets: Spencer
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Individual Water Meter, Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Metering: Separate Electric, Separate Gas, Separate Water
Structural Information
- Architectural Style: Contemporary
- Construction: Concrete , Wood Frame
- Foundation: Concrete Slab, Reinforced Concrete
- Roof: Composition
- Disability Access: None
- Square Feet: 2,235
- Year Built: 1987
Unit Information
Unit 1
- Square Feet: 559
- Bedrooms: 1
Unit 2
- Square Feet: 559
- Bedrooms: 1
Unit 3
- Square Feet: 559
- Bedrooms: 1
Unit 4
- Square Feet: 559
- Bedrooms: 1
Lot Features
- Property View: Bay, City Lights, Hills, Mountains, Ocean
- Minimum Lot Size: 6098
- Lot Size (Sq. Ft.): 6,098
- Building Sites: 1
- Zoning: R-3-5
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Schools
Schools serving 700 David Ave
School District:Monterey Peninsula Unified School District
| Name | Grades | Distance |
|---|---|---|
Monte Vista 251 Soledad Drive, Monterey, CA 93940 | K-5 | 1.8 mi |
Monterey High School 101 Herrmann Drive, Monterey, CA 93940 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 David Ave
Date
Details
Price
Change
Source
7/16/2026
Sold
$1,550,000
-3.12%
MLS
4/18/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
700 David Ave, Monterey, CA 93940 (MLS# ML82043619) is a Multi-Family property that was sold at $1,550,000 on July 16, 2026. This property was listed by Jeannie Ferrara from our Monterey Office.Want to learn more about 700 David Ave? Do you have questions about finding other Multi-Family real estate for sale in Monterey? You can browse all Monterey real estate or contact a Coldwell Banker agent to request more information.



