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$749,000 Just Listed
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Property Description
This property presents a rare investment and value-add opportunity in the heart of Hollister. This unique triplex offers multiple income-producing possibilities and significant upside potential. The second unit is currently occupied by a Section 8 tenant, providing stable and consistent rental income.
The main house is currently mid-remodel with approved permits already in place, offering a head start for investors or owner-occupants looking to complete the project to their vision. The interior features exposed framing throughout, while a substantial portion of the rough electrical and plumbing work has already been completed. Additional improvements include a new water heater, paid solar, new HVAC unit, and a substantial amount of new ducting already installed. Situated on a generous lot, the property offers flexibility for future improvements, additional rental potential, or multi-generational living. Conveniently located near schools, shopping, dining, and downtown Hollister amenities, this property is an excellent opportunity for investors, contractors, or buyers seeking a project with strong upside and existing income potential. Property will require a cash buyer or hard money financing due to the current condition and ongoing remodel. Drive-by only - please do not disturb occupants.
Full Property Details
Full Property Details for 1199 Monterey
General
- Price: $749,000
- Status: Active
- Type: Triplex
- Source: MRMLS
- MLS ID: SR26110492
- Updated: 5/22/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: San Benito
- Driving Directions: San Benito take Palmtag West, then Corner of Monterey Rd and Palmtag
School Information
- School District: Hollister
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Floor Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Triplex
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,466
- Sq. Ft. Source: Assessor
- Year Built: 1948
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.3386
- Lot Size (Sq. Ft.): 14,749
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $303.73
Disclosures and Reports
- Special Conditions: Standard
Listed by Steve Major and Associates, Steven Major
Get Pre-Approved Today
Schools
Schools serving 1199 Monterey
School Districts:Hollister School District, San Benito High School District
| Name | Grades | Distance |
|---|---|---|
Ladd Lane Elementary School 161 Ladd Lane, Hollister, CA 95023 | K-6 | 1 mi |
Hollister Dual Language Academy 873 Santa Ana Road, Hollister, CA 95023 | K-6 | 1.3 mi |
Accelerated Achievement Academy 1151 Buena Vista Road, Hollister, CA 95023 | 4-8 | 1.3 mi |
Rancho San Justo School 1201 Rancho Drive, Hollister, CA 95023 | 7-8 | 0.4 mi |
Hollister High 1220 Monterey Street, Hollister, CA 95023 | 9-12 | 0.1 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 1199 Monterey
Date
Details
Price
Change
Source
5/20/2026
Listed
$749,000
173.36%
MLS
1/21/2026
Sold
$274,000
—
Public Record
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 1199 Monterey
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,788
-1%
$247,502
4%
2023
$2,823
187%
$237,893
2%
2022
$984
593%
$233,230
48%
2021
$142
-19%
$157,219
1%
2020
$175
-4%
$155,608
2%
2019
$183
-34%
$152,558
2%
2018
$279
-4%
$149,567
2%
2017
$290
4%
$146,635
2%
2016
$279
4%
$143,761
2%
2015
$268
-2%
$141,602
2%
2014
$274
2%
$138,829
—
2013
$268
—
$138,203
—
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 1199 Monterey
1199 Monterey, Hollister, CA 95023 (MLS# SR26110492) is a Triplex property with 4 bedrooms, 1 full bathroom and 3 partial bathrooms. 1199 Monterey is currently listed for $749,000 and was received on May 20, 2026. Want to learn more about 1199 Monterey? Do you have questions about finding other Triplex real estate for sale in Hollister? You can browse all Hollister real estate or contact a Coldwell Banker agent to request more information.
