New ListingNew Monterey Triplex with ocean views. Great opportunity to owner-occupy a unit with rent to offset the ownership costs. The property has two structures: the front unit is a 708 sq. ft. free-standing two-bedroom/one-bathroom with a private wraparound deck facing the ocean. The rear building is a duplex with a one-bedroom /one-bathroom 544 sq. ft. apartment and a 674 sq. ft. two-bedroom / one-bathroom apartment. The property owner has performed extensive repairs and upgrades to the property, including: electric panel replacement, copper water lines, vinyl windows, Hunter Douglas window blinds, leaf gutters, Units B & C remodeled, sewer line replacement, and a pest fumigation using orange oil. Unit A will be vacating in November 2026. The location is very close to the ocean, downtown PG, Cannery Row, upper PG shopping with Trader Joe's, banks, restaurants, and it is also close to the Montage main hospital campus. Easy access to Highway 68 & 1. The property has three carports, one garage, and an onsite laundry facility.
| MLS # | ML82064764 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 5 |
| Listing Provided By | Albers Real Estate Investment Company | Hap Albers |
| SQ Feet | 1,926 |
|---|---|
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 1 |
| Building(s) | 2 |
| Zoning | Medium Density Residentia |
| Acreage | 0.11 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Parking Features | Off Street |
|---|---|
| Garage Yes / No | Yes |
| Property | 16550 |
|---|
| State | CA |
|---|---|
| County | Monterey |
| City | Monterey |
| Zip Code | 93940 |
| Area | 699 Not Defined |
| Listing VS Median (in 93940) | |
Price: $1,499,000 low | high Med: $1,275,000 sqft: 1,926 low | high Med: 1,475 $ / sqft: $778 low | high Med: $864 On site: 5 low | high Med: 32 | |
| State | CA |
|---|---|
| County | Monterey |
| City | Monterey |
| Zip Code | 93940 |
| Area | 699 Not Defined |
| Listing VS Median (in 93940) | |
Price: $1,499,000 low | high Med: $1,275,000 sqft: 1,926 low | high Med: 1,475 $ / sqft: $778 low | high Med: $864 On site: 5 low | high Med: 32 | |
![]() | $1,499,000851 Lyndon StreetMonterey, CA 93940 |