Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.
Property Details
Price:
$1,500,000
MLS #:
ML82032663
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699notdefined
Listed Date:
Jan 27, 2026
Finished Sq Ft:
2,633
Total Sq Ft:
2,633
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1966
See this Listing
Schools
School District:
Other
Interior
Appliances
GS
Cooling
NO
Flooring
TILE, LAM
Heating
WL
Exterior
Parking Spots
4
Roof
CMP, FIB, OTH
Financial
Maintenance Fee
$1,000
Taxes
$6,000
Map
Community
- Address883 Lighthouse AV Monterey CA
- CityMonterey
- CountyMonterey
- Zip Code93940
Market Summary
Current real estate data for Single Family in Monterey as of Feb 15, 2026
52
Single Family Listed
108
Avg DOM
688
Avg $ / SqFt
$1,574,241
Avg List Price
Property Summary
- 883 Lighthouse AV Monterey CA is a Single Family for sale in Monterey, CA, 93940. It is listed for $1,500,000 and features 0 beds, 0 baths, and has approximately 2,633 square feet of living space, and was originally constructed in 1966. The current price per square foot is $570. The average price per square foot for Single Family listings in Monterey is $688. The average listing price for Single Family in Monterey is $1,574,241.
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