451 Dela Vina 107, Monterey, California 93940, Monterey, 93940 - 2 bed, 2 bath
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451 Dela Vina 107
Monterey, California 93940
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,026Sq Ft
515Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$579,000
8% BelowMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $565,000—positioned well below the $579,000 Fair Market Value by 2%. This valuation gap offers $14,000 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes modern cosmetic upgrades, a functional layout with a downstairs half-bath, and superior soundproofing via brick walls. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey, low-maintenance lifestyle in Monterey.
Estimated Market Value
$579,000+$50,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Monterey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 451 Dela Vina 107 Subject | $529,000* List Price | 2 | 2 | 1,026 | $564 | - |
A 451 Dela Vina Avenue 108 Sold | $565,000 | 2 | 2 | 1,026 | $551 | 0.0 mi |
B 461 Dela Vina Avenue 205 Sold | $550,000 | 2 | 1 | 970 | $567 | 0.0 mi |
C 461 Dela Vina Avenue 103 Sold | $600,000 | 2 | 1 | 900 | $667 | 0.1 mi |
D 820 Casanova Avenue 69 Sold | $515,000 | 2 | 1 | 860 | $599 | 0.6 mi |
E 820 Casanova Avenue 30 Sold | $540,000 | 2 | 1 | 860 | $628 | 0.6 mi |
F 515 Ramona Court 1 Active | $549,000 List Price | 2 | 2 | 900 | $610 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1965 but features recent cosmetic upgrades including fresh paint, shampooed carpets, and modernized kitchen and bathroom fixtures. The kitchen has updated countertops and hardware, making the unit move-in ready and well-maintained, though the overall structure and windows reflect its original age.
PROSSTRENGTHS & OPPORTUNITIES
- Enhanced Privacy and Soundproofing
The unit features brick walls between neighboring units, providing a superior sound barrier and increased privacy rarely found in standard condominium construction.
- Move-In Ready Condition
The property is exceptionally well-maintained with fresh paint, shampooed carpets, and modern upgrades throughout, offering a turnkey experience for the new owner.
- Functional Layout and Amenities
The 1,026 square foot floor plan is thoughtfully designed with a convenient downstairs half-bath and an in-unit laundry area, significantly enhancing daily livability.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $546 is relatively high for this price point, which may impact the overall affordability and long-term budget for some buyers.
- Aging Infrastructure
Built in 1965, the property may lack the modern energy efficiencies of newer builds and could require more frequent maintenance of common area elements over time.
About 451 Dela Vina 107
Two-story 2-bedroom condo in a prime location! Features a shared full bath upstairs and the added convenience of a bonus half bath downstairs. Some walls are brick, providing an excellent barrier between the neighboring unit for added privacy and sound reduction. Freshly cleaned with shampooed carpets, fresh paint, and upgrades throughout. This one is a cutie with spacious bedrooms and lots of storage! Offering 1,026 square feet of thoughtfully designed living space, including an indoor laundry area within the unit, plus carport parking and a peaceful common area to enjoy. Move-in ready and full of charm!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 515 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $546.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.7 |
| Baths | 2.0 | 1.1 |
| Square foot | 1,026 | 826.375 |
| Lot Size | 515 | 892.5 |
| Price | $529.0K | $599.6K |
| Price per sq ft | $516 | $697 |
| Built year | 1965 | 1977 |
| HOA | $546.0 | $609 |
| Days on market | 77 | 70 |
Pricing History
Listed for Sale
Aug 16, 2026
$529,000
$565,000
-6% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$565,000
$579,000
-2% Price Drop
Initial Listing
Price Change
Jun 24, 2026
$579,000
Initial Listing