Ocean view & Del Monte Beach views. Monterey triplex near the Pacific Ocean, downtown Monterey, Fisherman's Wharf, Cannery Row, and the Middlebury Institute of International Studies (MIIS). The top floor unit is perfect for an owner's unit or second home. This ocean-view unit has two bedrooms / one bathroom, a formal living room, a family room, an office, and a kitchen with an eat-in dining area. The kitchen has white water and beach views. Two rooms are accessed from the kitchen - the first can function as a third bedroom, home office, storage, exercise room, or other uses. The second room has a vast ocean and Del Monte Beach views. The office, kitchen, and utility rooms can be opened into one larger great room. The bottom two units are one-bedroom / one-bathroom units with a potential $4,000+ monthly rent. One unit has a washer, dryer hookups, and a fenced backyard. This $4000 rent, at 6.5% interest, can pay for $625,000 of an amortized 30-year loan payment. There may be enough water credits to construct an ADU on the site.
Sold for $1,130,000
Tax assessed value
$1,130,000
277 Van Buren St, Monterey, CA 93940
4beds
3baths
2,100sqft
Triplex, Residential Income
Built in 1944
-- sqft lot
$-- Zestimate®
$538/sqft
$4,982 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,982/mo
Zestimate® history
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$7,101/mo
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Zillow last checked:
Listing updated:
Listed by:
Hap Albers 01006595 408-893-6002,
Albers Real Estate Investment Company 831-372-1922
Bought with:
Hap Albers, 01006595
Albers Real Estate Investment Company
Source: MLSListings Inc,MLS#: ML81955626
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Kitchen
- Features: Countertop_Formica, VariesbyUnit
Heating
- Electric, Gas
Cooling
- None
Appliances
- Included: Gas Cooktop, Built In Gas Oven/Range, Washer/Dryer Some Units
Features
- Flooring: Carpet, Hardwood, Laminate
- Doors: None
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 1
- Parking features: Tandem
- Garage spaces: 1
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
- Has view: Yes
- View description: Bay, City, Downtown
- Has water view: Yes
- Water view: Bay
Lot
- Size: 4,000 Square Feet
- Features: Mostly Level
Details
- Parcel number: 001568011000
- Zoning: R-3-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1944
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $538/sqft
- Tax assessed value: $1,130,000
- Annual tax amount: $15,534
- Date on market: 2/27/2024
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: Building, Land, OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2024 | Sold | $1,130,000-14.7%$538/sqft |
Source:  MLSListings Inc #ML81955626 Report a problem | ||
| 8/27/2024 | Contingent | $1,325,000$631/sqft |
Source: MLSListings Inc #ML81955626 Report a problem | ||
| 7/10/2024 | Price change | $1,325,000-1.9%$631/sqft |
Source: MLSListings Inc #ML81955626 Report a problem | ||
| 5/24/2024 | Price change | $1,350,000-3.2%$643/sqft |
Source: MLSListings Inc #ML81955626 Report a problem | ||
| 4/10/2024 | Price change | $1,395,000-2.1%$664/sqft |
Source: MLSListings Inc #ML81955626 Report a problem | ||
| 2/27/2024 | Listed for sale | $1,425,000+62.9%$679/sqft |
Source: MLSListings Inc #ML81955626 Report a problem | ||
| 5/18/2008 | Listing removed | $875,000$417/sqft |
Source: Homes & Land Report a problem | ||
| 2/14/2008 | Listed for sale | $875,000+17.4%$417/sqft |
Source: Homes & Land Report a problem | ||
| 8/10/2004 | Sold | $745,000$355/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,349 +23.2% | $1,130,000 +15.5% |
| 2024 | $10,839 +3.9% | $978,614 +2% |
| 2023 | $10,435 +1.4% | $959,426 +2% |
| 2022 | $10,290 +1.5% | $940,615 +2% |
| 2021 | $10,140 +3.9% | $922,172 +1% |
| 2020 | $9,757 -4.7% | $912,717 +2% |
| 2019 | $10,238 +8.8% | $894,821 +6.5% |
| 2018 | $9,413 +11.1% | $840,000 +5% |
| 2017 | $8,470 +6.2% | $800,000 +6.7% |
| 2016 | $7,972 +5.9% | $750,000 |
| 2015 | $7,530 | $750,000 +7.1% |
| 2014 | $7,530 | $700,000 +6.1% |
| 2012 | -- | $660,000 |
| 2011 | -- | $660,000 -7.2% |
| 2010 | -- | $711,540 |
| 2009 | -- | $711,540 -10% |
| 2008 | -- | $790,599 +2% |
| 2007 | -- | $775,098 +2% |
| 2006 | -- | $759,900 +2% |
| 2005 | -- | $745,000 +1819.1% |
| 2004 | -- | $38,821 +1.9% |
| 2003 | -- | $38,111 +2% |
| 2002 | -- | $37,365 +2% |
| 2001 | $328 | $36,633 +2% |
| 2000 | -- | $35,915 |
Find assessor info on the county website
Neighborhood: Old Town
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Nearby schools
GreatSchools rating
- 6/10Monte VistaGrades: K-8Distance: 1.1 mi
- 8/10Monterey High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: MonteVistaElementary_1
- Middle: WalterColtonMiddleSchool
- High: MontereyHigh
- District: MontereyPeninsulaUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- Monterey County
- Monterey
- 93940
- Old Town
- 277 Van Buren St
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