32 Via Ventura, Monterey, California 93940, Monterey, 93940 - 0 bed, 0 bath
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Monterey, California 93940
Analysis of 32 Via Ventura, Monterey, California 93940 is currently available with a list price of $1,600,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Monterey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property features extensive 2019 renovations to major systems including HVAC, electrical meters, ducting, and windows, plus $100,000 in exterior upgrades completed in 2023. While the kitchen and bathrooms retain some vintage character, the recent infrastructure updates and mint interior maintenance meet the criteria for a low-maintenance, recently renovated home.
The property functions as a high-performing triplex with a proven track record of generating approximately $7,370 in monthly rental income across three separate units.
Significant recent investments include $100,000 in exterior upgrades (2023) and comprehensive 2019 systems updates including new HVAC, windows, electrical meters, and flooring.
The combination of a 3-bedroom main house and a detached duplex with separate meters offers rare flexibility for multi-generational living, guest housing, or a primary residence with income offsets.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1528, other record living area = 1648.
The two detached units are limited to 350 sq. ft. each, which may restrict the tenant pool to single occupants and limit long-term storage options.
The 1,528 sq. ft. main residence features only 1.5 bathrooms for its three bedrooms, which may be a drawback for larger families or high-end rental expectations.
Located in the desirable Monte Regio neighborhood, 32 Via Ventura offers a rare blend of classic charm and versatile living. The main residence features 3 bedrooms and 1.5 bathrooms at 1528 sq. ft, complemented by a detached duplex in the rear at each 350 sq. ft, ideal for rental income, extended family, or guest accommodations. Each unit has its own electrical meter, adding convenience and flexibility for tenants or multi-generational living. The property was recently utilized as an income-producing investment, generating approximately $3,850/month for the main house, $1,695/month for the downstairs unit, and $1,825/month for the upstairs unit. As you enter the home, youre welcomed by a large, light-filled living room that sets the tone for the warm and inviting interior, showcasing timeless 1940s character thoughtfully paired with modern updates. Recent improvements include extensive 2019 upgrades such as new windows, gutters, ducting, laminate flooring, water heater, electrical meters, HVAC system, fresh interior and exterior paint, refreshed landscaping, along with approximately $100,000 in exterior enhancements completed in 2023 including a new retaining wall, driveway, & walkways. This is a unique opportunity to own a beautifully updated property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,528 | 2,224 | 25% |
| Lot Size | 8,160 | 6,725 | 75% |
| Price | $1.60M | $1.62M | 50% |
| Price per sq ft | $1.0K | $685 | 75% |
| Built year | 1941 | 1935 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 86 | 25% |
May 8, 2026
$1,600,000
Initial Listing