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.
Similar Listings Nearby
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1028 West Franklin Street
Monterey, CA