Ocean View Opportunity ~ This property has ocean views and renderings available with almost ready-to-pull permits. It is totally flexible to be a family retreat or income producer. Live in the upper portion and rent the lower portion or use the entire home as a complete single family home. It has lots of light, a spacious lot and plenty of available water credits. It currently has a mid-century vibe with a wood burning fireplace, vinyl windows, single car garage and new epoxy flooring. Property is located minutes from historic downtown Monterey, the wharf, MIS and DLI.
Property Details
Price:
$1,398,000
MLS #:
ML82013506
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Jul 7, 2025
Finished Sq Ft:
1,242
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1957
See this Listing
Schools
School District:
Other
Interior
Appliances
Electric Cooktop, Vented Exhaust Fan, Electric Oven, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Carpet
Heating
Central
Exterior
Construction Materials
Stucco
Parking Spots
1.00
Roof
Composition
Financial
Map
Community
- Address1028 West Franklin Street Monterey CA
- Neighborhood699 – Not Defined
- CityMonterey
- CountyMonterey
- Zip Code93940
Market Summary
Current real estate data for Single Family in Monterey as of Oct 23, 2025
50
Single Family Listed
280
Avg DOM
830
Avg $ / SqFt
$2,058,614
Avg List Price
Property Summary
- 1028 West Franklin Street Monterey CA is a Single Family for sale in Monterey, CA, 93940. It is listed for $1,398,000 and features 2 beds, 2 baths, and has approximately 1,242 square feet of living space, and was originally constructed in 1957. The current price per square foot is $1,126. The average price per square foot for Single Family listings in Monterey is $830. The average listing price for Single Family in Monterey is $2,058,614.
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