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$1,500,000 Just Listed
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Property Description
.Excellent investment opportunity in a centrally located Monterey neighborhood! This five-unit- apartment property is conveniently situated on Ramona Avenue, just off Fremont Street, with easy access to shopping, dining, transportation, and all that the Monterey Peninsula has to offer. All five units are approximately the same size and are currently occupied. Each unit was updated in 2018 each unit is 1 bd with 1 bath, fresh interior paint, remodeled kitchens, and updated flooring. The property also offers plenty of on-site parking for residents. A wonderful opportunity to own a fully occupied five-unit investment property in a desirable and convenient Monterey location. Call agent directly for additional information.
Full Property Details
Full Property Details for Ramona Ave
General
- Price: $1,500,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82058850
- Updated: 9/1/2026
- Added to Site: Today
Interior
- Flooring: Carpet, Laminate, Tile
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: None
Parking
- Parking Features: Guest/Visitor Parking, Parking Area, Private/Exclusive, Room for Oversized Vehicle
Location
- Area: Villa Del Monte, Del Monte Grove/Laguna Grande
- County: Monterey
- Cross Streets: Fremont Blvd.
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Individual Water Meter
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Gas, Master Water
Structural Information
- Foundation: Concrete Slab
- Roof: Shingle
- Disability Access: Parking
- Square Feet: 2,681
- Year Built: 1955
Unit Information
Unit 1
- Square Feet: 540
Unit 2
- Square Feet: 540
- Bedrooms: 1
Unit 3
- Square Feet: 540
- Bedrooms: 1
Lot Features
- Minimum Lot Size: 6050
- Building Sites: 1
- Zoning: R-1
Disclosures and Reports
- Restrictions: No Age Restrictions, No Waterbeds, Pets (Number Restrictions), Pet Restrictions, Rules about Pets
Listed by Redfin, Vanessa Haven
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Price & Sales History for Ramona Ave
Date
Details
Price
Change
Source
9/01/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Ramona Ave
Ramona Ave, Monterey, CA 93940 (MLS# ML82058850) is a Commercial Residential Facility property. Ramona Ave is currently listed for $1,500,000 and was received on September 01, 2026. Want to learn more about Ramona Ave? 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.

