504 Ocean Avenue 2, Monterey, California 93940, Monterey, 93940 - 2 bed, 2 bath
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504 Ocean Avenue 2
Monterey, California 93940
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,178Sq Ft
9,804Lot Size
Property Price
LIST PRICE$899,000
SUMMARY
New, new, new! complete upscale remodel, truly turnkey. New condo roof in 2024, new kitchen with quartz island, new appliances, new baths, luxury vinyl flooring throughout, new water heater, air conditioner, drywall, insulation, plumbing, electrical, paint, fireplace with birch log insert, freshly sealed windows, in unit washer-dryer. tons of storage. Short walk to NPS, beach, wharf, MPC and town. 10x10 locked storage room, garage parking.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive upscale remodel in 2024, making it effectively brand new. Key updates include a new roof, new electrical and plumbing systems, a modern kitchen with quartz countertops and new appliances, and fully renovated bathrooms. With luxury vinyl flooring throughout and new HVAC systems, the home meets the highest quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Upscale Remodel
This property is truly turnkey, featuring a complete 2024 renovation including a new roof, quartz kitchen island, luxury vinyl flooring, and updated electrical and plumbing systems.
- Prime Coastal Location
Ideally situated within a short walk to the Naval Postgraduate School, local beaches, the wharf, and downtown Monterey, offering exceptional convenience and lifestyle appeal.
- Enhanced Functional Features
Rare for the area, the unit includes a new air conditioning system, in-unit laundry, a private 10x10 locked storage room, and secure garage parking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9804, other record lot size in square feet = 589.
- Low Middle School Rating
The assigned middle school, Walter Colton, currently holds a rating of 3, which may be a consideration for families prioritizing high-performing school districts.
- Condo Association Constraints
As a condominium unit, the property involves a $425 monthly association fee and the inherent limitations of shared-wall living and community regulations.
About 504 Ocean Avenue 2
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 9,804 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $425.0 / Month
Neighborhood Insights
Monterey Unified Schools
La Mesa Elementary School
Grades K-5 • 1.0 mi
6/10
Walter Colton
Grades 6-8 • 1.8 mi
3/10
Monterey High School
Grades 9-12 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.6 |
| Baths | 2.0 | 1.1 |
| Square foot | 1,178 | 799.474 |
| Lot Size | 9,804 | 863.368 |
| Price | $899.0K | $584.6K |
| Price per sq ft | $763 | $703 |
| Built year | 1981 | 1977 |
| HOA | $425.0 | $622 |
| Days on market | 316 | 65 |
Pricing History
Listed for Sale
Dec 12, 2025
$899,000
Initial Listing
Sold
Sep 15, 2023
$835,000
Public Record
Sold
Jan 28, 2021
$675,000
Public Record
Sold
Jan 9, 1998
$195,000
Public Record