883 Lighthouse Avenue, Monterey, CA, CA 93940

$1,500,000

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List Price
$1,500,000
Closing Date
Aug 21, 2026
Status
ACTIVE UNDER CONTRACT
MLS#
ML82032652
County
Monterey
Zoning
Comm
Year Built
1966
Square Feet
2,633
Lot Size (acres)
0.1102
Days on Market
80
Property Type
Commercial
Virtual Tour 1
https://sites.lenstate.com/883-Lighthouse-Ave/idx

Property Description

Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.

Additional Information

Taxes
$6,000
Parcel Number
001074002000
Gross Scheduled Income
$84,600
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition, Fiberglass, Other
Parking Spaces
6

Listing courtesy of Listing Agent: Monterey Peninsul... (mark.bruno@mphtre.com) from Listing Office: KW Coastal Estates.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.