1251 1St St
Monterey, CA, 93940
$1,850,000
Beds
0 Baths
SqFt
0.14 Acres
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MLS #41076948 image #0MLS #41076948 image #1MLS #41076948 image #2MLS #41076948 image #3MLS #41076948 image #4MLS #41076948 image #5MLS #41076948 image #6
Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave' a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!

Property Details

Price:
$1,850,000
MLS #:
41076948
Status:
Active
Baths:
0
Type:
Residential Income
Listed Date:
Oct 18, 2024
Lot Size:
6,100 sqft / 0.14 acres (approx)
Year Built:
1950

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Schools

Interior

Cooling
None
Heating
Wall Furnace

Exterior

Construction Materials
Stucco
Parking Spots
4.00
Roof
Shingle

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Monterey as of Oct 23, 2025
6
Residential Income Listed
664
Avg DOM
$1,605,958
Avg List Price

Property Summary

    1251 1St St Monterey CA is a Residential Income for sale in Monterey, CA, 93940. It is listed for $1,850,000

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1251 1St St
Monterey, CA