277 Van Buren St, Monterey

Monterey Home For Sale

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.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Essential Information

  • MLS® #:
    ML81955626
  • Price:
    $1,325,000
  • Square Footage:
    2,100
  • Square Footage:
    Assessor
  • Acres:
    0.09
  • Year Built:
    1944
  • Type:
    Multi-Residential
  • Sub-Type:
    Triplex
  • Style:
    Traditional
  • Status:
    Active

Community Information

  • Address:
    277 Van Buren St
  • Area:
    Old Town Monterey
  • City:
    Monterey
  • County:
    Monterey
  • State:
    CA
  • Zip Code:
    93940

Amenities

  • Utilities:
    Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Parking Spaces:
    1
  • View:
    Bay View, City, Downtown

Interior

  • Heating:
    Electric Heat, Gas Heat
  • Cooling:
    No Cooling
  • # of Stories:
    2

Exterior

  • Lot Description:
    Grade - Mostly Level
  • Roof:
    Composition Roof
  • Construction:
    Wood Construction, Wood Frame
  • Foundation:
    Concrete Perimeter

Additional Information

  • Zoning:
    R-3-6

Listing Details

  • Listing Agent:
    Hap Albers
  • Listing Office:
    Albers Real Estate Investment Company

Price Change History for 277 Van Buren St, Monterey, CA (MLS® #ML81955626)

Date Details Price Change
Price Reduced $1,325,000 $25,000 (1.85%)
Price Reduced $1,350,000 $45,000 (3.23%)
Price Reduced (from $1,425,000) $1,395,000 $30,000 (2.11%)
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