For sale

$949,000

37 Portola Ave, Monterey, CA 93940

2beds

748sqft

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Single Family Residence, Residential

Built in 1924

3,200 Square Feet Lot

$930,000 Zestimate^®

$1,269/sqft

$-- HOA

What's special

Tucked into Monterey's sun belt a short stroll from Del Monte Beach, this fully renovated Spanish bungalow lives far larger than its footprint. The bright, open main house pairs 1924 character with a remodeled kitchen featuring quartz counters, stainless appliances, and designer tile, plus a beautifully updated bath and two restful bedrooms. Outside is where it wins: a rare street-to-street lot with a private fenced yard, multiple patios for dining al fresco, and a versatile detached bonus space with rear access, ready for your office, gym, or creative pursuits. Walk or bike to the Rec Trail, the wharf, and downtown in minutes, then come home to sunshine while the fog settles elsewhere. Turnkey and proven as a high-performing rental, it shines as a full-time residence, coastal getaway, or income property. Homes offering this location, condition, and flexibility rarely surface at this price. Leave by the back gate and your toes are in the sand in about five minutes.

4 days

871

46

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Office

Bedroom

Features: BedroomonGroundFloor2plus

Bathroom

Features: DualFlushToilet, StallShower, Tile, UpdatedBaths

Dining room

Features: BreakfastBar, EatinKitchen

Family room

Features: KitchenFamilyRoomCombo

Kitchen

Features: ExhaustFan

Heating

Central Forced Air Gas, Forced Air

Cooling

Other

Appliances

Included: Gas Cooktop, Dishwasher, Exhaust Fan, Disposal, Range Hood, Refrigerator, Wine Refrigerator, Washer/Dryer

Features

Flooring: Laminate, Tile
Doors: None

Interior area

Total structure area: 748
Total interior livable area: 748 sqft

Property

Parking

Parking features: Off Street

Accessibility

Accessibility features: None

Features

Stories: 1
Patio & porch: Balcony/Patio, Enclosed
Exterior features: Back Yard, Fenced, Storage Shed Structure, Drought Tolerant Plants
Fencing: Perimeter
Has view: Yes
View description: Other

Lot

Size: 3,200 Square Feet
Features: Level

Details

Parcel number: 013025003000
Zoning: R1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Spanish
Property subtype: Single Family Residence, Residential

Materials

Foundation: Concrete Perimeter, Crawl Space
Roof: TarGravel, Polyurethane

Condition

New construction: No
Year built: 1924

Utilities & green energy

Gas: PublicUtilities
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: Monterey

Financial & listing details

Price per square foot: $1,269/sqft
Tax assessed value: $764,069
Annual tax amount: $8,915
Date on market: 7/14/2026
Listing agreement: ExclusiveAgency

Estimated market value

$930,000

$884,000 - $977,000

$3,233/mo

Price history

Date	Event	Price
7/14/2026	Listed for sale	$949,000+31.8%$1,269/sqft
Source: MLSListings Inc #ML82054164 Report a problem
1/18/2026	Listing removed	$3,800$5/sqft
Source: Zillow Rentals Report a problem
1/5/2026	Listed for rent	$3,800$5/sqft
Source: Zillow Rentals Report a problem
7/13/2021	Sold	$720,000-1%$963/sqft
Source: MLSListings Inc #ML81847407 Report a problem
6/20/2021	Contingent	$727,000$972/sqft
Source: MLSListings Inc #ML81847407 Report a problem
6/9/2021	Listed for sale	$727,000$972/sqft
Source: MLSListings Inc #ML81847407 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,915 +8.2%	$764,069 +2%
2024	$8,241 +2.7%	$749,088 +2%
2023	$8,028	$734,400 +2%
2022	--	$720,000 +217.1%
2021	$2,572 +3.9%	$227,085 +1%
2020	$2,476 -4.5%	$224,757 +2%
2019	$2,594 +4%	$220,351 +2%
2018	$2,494 +7.8%	$216,032 +2%
2017	$2,313 +1.8%	$211,797 +2%
2016	$2,272 +3.1%	$207,645 +1.5%
2015	$2,203	$204,527 +2%
2014	$2,203	$200,522 +2.5%
2012	--	$195,704 +2%
2011	--	$191,868 +0.8%
2010	--	$190,435 -0.2%
2009	--	$190,888 +2%
2008	--	$187,146 +2%
2007	--	$183,478 +2%
2006	--	$179,881 +2%
2005	--	$176,355 +2%
2004	--	$172,898 +1.9%
2003	--	$169,730 +2%
2002	--	$166,403 +2%
2001	$1,578	$163,141 +2%
2000	--	$159,942

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Villa Del Monte

Getting around

69 / 100

Somewhat Walkable

35 / 100

Some Transit

77 / 100

Very Bikeable

Nearby schools

GreatSchools rating

7/10
Del Rey Woods Elementary School
Grades: K-6Distance: 1.5 mi
7/10
La Mesa Elementary School
Grades: K-8Distance: 1.5 mi
8/10
Monterey High School
Grades: 9-12Distance: 2 mi

Schools provided by the listing agent

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.