Nestled in the heart of Monterey's historic "Spaghetti Hill", this unique property offers a rare combination of style, convenience, and investment opportunity. The main residence, gives a charming sense of local heritage and features three bedrooms and a full bathroom. Featuring plastered walls that create an ambiance of rustic elegance. The Spanish-style tile roofing adds a touch of Mediterranean charm. Enjoy short walks to restaurants, shopping, farmers market or the beach. At the rear of the property sits a duplex, each unit offering one bedroom and one bath presenting a fantastic income opportunity. Situated under the duplex is a 3 car garage partitioned for each unit. Take advantage of this opportunity to invest in Monterey's Historic Old Town.
Sold for $1,592,000
$1,592,000
582 Van Buren St, Monterey, CA 93940
5beds
3baths
2,813sqft
Triplex, Residential Income
Built in 1929
-- sqft lot
$-- Zestimate®
$566/sqft
$3,947 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,947/mo
Zestimate® history
Owner options
List your home for rent
$3,947/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,947/mo
Rent Zestimate®
Refinance and save
$9,931/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,931/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Plastered wallsShort walks to restaurantsSpanish-style tile roofingFarmers market
Zillow last checked:
Listing updated:
Listed by:
The Russell Group 70010200 831-320-2386,
eXp Realty of California Inc
Bought with:
Hap Albers, 01006595
Albers Real Estate Investment Company
Source: MLSListings Inc,MLS#: ML81952066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Kitchen
- Features: Countertop_Tile, VariesbyUnit
Heating
- Floor Furnace, Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Range Hood, Electric Oven/Range, Refrigerator, Washer/Dryer Some Units
Features
- Flooring: Carpet, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 2,813
- Total interior livable area: 2,813 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Off Street, On Street
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 5,904 Square Feet
Details
- Parcel number: 001521013000
- Zoning: R3-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter, Slab
- Roof: Composition, TarGravel, Tile
Condition
- Year built: 1929
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $566/sqft
- Tax assessed value: $1,623,840
- Annual tax amount: $17,600
- Date on market: 1/22/2024
- Listing agreement: ExclusiveRightToSell
- Listing terms: FHA, CashorConventionalLoan
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2024 | Sold | $1,592,000-0.5%$566/sqft |
Source:  MLSListings Inc #ML81952066 Report a problem | ||
| 2/20/2024 | Pending sale | $1,600,000$569/sqft |
Source: MLSListings Inc #ML81952066 Report a problem | ||
| 2/3/2024 | Contingent | $1,600,000$569/sqft |
Source: MLSListings Inc #ML81952066 Report a problem | ||
| 1/22/2024 | Listed for sale | $1,600,000$569/sqft |
Source: MLSListings Inc #ML81952066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,963 +168.7% | $1,623,840 +164% |
| 2024 | $7,059 +350% | $615,092 +386.9% |
| 2023 | $1,569 +1.3% | $126,338 +2% |
| 2022 | $1,549 +1.3% | $123,885 +2% |
| 2021 | $1,528 +3.5% | $121,481 +1% |
| 2020 | $1,477 -3.9% | $120,249 +2% |
| 2019 | $1,537 +3.5% | $117,915 +2% |
| 2018 | $1,485 +7% | $115,627 +2% |
| 2017 | $1,388 +1.6% | $113,384 +2% |
| 2016 | $1,366 +2.8% | $111,185 +1.5% |
| 2015 | $1,329 | $109,534 +2% |
| 2014 | $1,329 | $107,413 +2.4% |
| 2012 | -- | $104,862 +2% |
| 2011 | -- | $102,830 +0.7% |
| 2010 | -- | $102,071 +1.7% |
| 2008 | -- | $100,331 +2% |
| 2007 | -- | $98,389 +2% |
| 2006 | -- | $96,484 +2% |
| 2005 | -- | $94,617 +2% |
| 2004 | -- | $92,786 +3.2% |
| 2003 | -- | $89,909 +2% |
| 2002 | -- | $88,147 +0.6% |
| 2001 | $853 | $87,619 +3.4% |
| 2000 | -- | $84,724 |
Find assessor info on the county website
Neighborhood: Old Town
Nearby homes
- $1,609,7007 bd3 ba2.8k sqft572 Van Buren St, Monterey, CA 93940Off Market
- $1,699,4004 bd3 ba2.2k sqft598 Van Buren St, Monterey, CA 93940Off Market
- $837,5002 bd1 ba1.1k sqft540 Madison St, Monterey, CA 93940Off Market
- $886,3002 bd1 ba1k sqft562 Van Buren St, Monterey, CA 93940Off Market
- $1,075,0003 bd1 ba1.3k sqft560 Madison St, Monterey, CA 93940Off Market
- $1,277,2003 bd3 ba1.9k sqft557 Union St, Monterey, CA 93940Off Market
- $853,0002 bd2 ba1.2k sqft565 Union St, Monterey, CA 93940Off Market
- $1,277,6004 bd2 ba2k sqft554 Van Buren St, Monterey, CA 93940Off Market
Nearby schools
GreatSchools rating
- 6/10Monte VistaGrades: K-8Distance: 0.8 mi
- 8/10Monterey High SchoolGrades: 9-12Distance: 0.2 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- California
- Monterey County
- Monterey
- 93940
- Old Town
- 582 Van Buren St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Monterey Topics
