
Monterey, California 93940
This Turnkey Condominium represents a Prime Investment Opportunity, listed at a List Price of $595,000—positioned well below the $607,993 Fair Market Value by 2%. This valuation gap offers $12,993 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts a luxury Carrara marble shower and modern finishes. With dual patios and in-unit laundry, this home provides a seamless coastal lifestyle. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 461 Dela Vina Avenue 104 Subject 2 bd · 1 ba · 900 sqft · $660 | $594,000* List Price | 2 | 1 | 900 | $660 | - |
A 461 Dela Vina Avenue 103 Sold 2 bd · 1 ba · 900 sqft · $667 · 0.0 mi | $600,000 | 2 | 1 | 900 | $667 | 0.0 mi |
B 461 Dela Vina Avenue 205 Sold 2 bd · 1 ba · 970 sqft · $567 · 0.0 mi | $550,000 | 2 | 1 | 970 | $567 | 0.0 mi |
C 820 Casanova Avenue 85 Sold 2 bd · 1 ba · 860 sqft · $680 · 0.5 mi | $585,000 | 2 | 1 | 860 | $680 | 0.5 mi |
D 820 Casanova Avenue 30 Sold 2 bd · 1 ba · 860 sqft · $628 · 0.6 mi | $540,000 | 2 | 1 | 860 | $628 | 0.6 mi |
E 820 Casanova Avenue 69 Sold 2 bd · 1 ba · 860 sqft · $599 · 0.5 mi | $515,000 | 2 | 1 | 860 | $599 | 0.5 mi |
F 451 Dela Vina Avenue 108 Sold 2 bd · 2 ba · 1,026 sqft · $551 · 0.1 mi | $565,000 | 2 | 2 | 1,026 | $551 | 0.1 mi |
G 67 Montsalas Drive Sold 2 bd · 2 ba · 1,116 sqft · $626 · 0.8 mi | $699,000 | 2 | 2 | 1,116 | $626 | 0.8 mi |
H 820 Casanova Avenue 61 Pending 2 bd · 1 ba · 884 sqft · $566 · 0.5 mi | $499,999 List Price | 2 | 1 | 884 | $566 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has been recently 'reimagined' with high-end renovations including a luxury Carrara marble walk-in shower, new flooring, recessed lighting, and a new water heater. The interior is in mint, move-in ready condition with designer-inspired finishes throughout, qualifying it as a recent renovation under 5 years old.
The interior features high-end finishes including a Carrara marble walk-in shower, recessed lighting, and crown molding, offering a move-in-ready luxury aesthetic.
This ground-floor, single-level unit provides excellent accessibility and features rare dual patios (front and rear), maximizing usable living space and coastal enjoyment.
The property includes highly desirable amenities for a condo, such as an in-unit washer and dryer, a new water heater, and two assigned off-street parking spaces.
The $600 monthly association fee represents a significant recurring cost that may impact buyer affordability and overall investment yield.
With two bedrooms but only one bathroom, the layout may be less appealing to roommates or small families compared to units offering a second half-bath.
Timeless Style. Modern Comfort. The Monterey Lifestyle. Beautifully reimagined with tasteful designer-inspired finishes, this inviting ground-floor, single-level condominium offers an exceptional opportunity to enjoy the Monterey lifestyle. The welcoming interior with refined details such as recessed lighting, crown molding, new flooring, updated baseboards, and custom window blinds creates a polished and cohesive living space. The remodeled bathroom showcases a stunning Carrara marble walk-in shower, bringing a touch of luxury to everyday living. The spacious living room is anchored by a cozy fireplace with a gas starter, while front and rear patios provide inviting outdoor spaces to enjoy your morning coffee, unwind after a long day, or entertain guests. Additional conveniences include an in-unit washer and dryer, a new water heater, and two assigned off-street parking spaces. Located near shops, restaurants, coastal recreation, and renowned beauty that make Monterey one of California's most sought-after communities, this move-in ready home offers the ideal blend of tranquility, convenience, and coastal charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.6 |
| Baths | 1.0 | 1.1 |
| Square foot | 900 | 799.474 |
| Lot Size | 888 | 863.368 |
| Price | $594.0K | $584.6K |
| Price per sq ft | $660 | $703 |
| Built year | 1982 | 1977 |
| HOA | $600.0 | $622 |
| Days on market | 88 | 65 |
Oct 22, 2026
$594,000
$594,500
+0% Price Increase
Initial Listing
Oct 16, 2026
$594,500
$595,000
+0% Price Increase
Initial Listing
Jul 28, 2026
$595,000
Initial Listing
Jun 23, 2022
$552,500
Public Record
Jan 15, 2016
$315,000
Public Record
Jun 28, 2013
$207,000
Public Record
Sep 30, 2010
$123,500
Public Record
Apr 14, 1999
$153,000
Public Record