774 Belden Street, Monterey, California 93940, Monterey, 93940 - 3 bed, 3 bath
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Monterey, California 93940
This Modern Coastal Duplex serves as a high-quality residential asset listed at $1,600,000, positioned near its $1,525,029 Fair Market Value. The property maintains a Move-In Ready Condition Rating, featuring contemporary updates and an expansive Rooftop Deck with Panoramic Monterey Bay Views. Located within the prestigious 9/10 Rated Pacific Grove High School boundary and steps from Cannery Row, it offers unparalleled lifestyle appeal. This versatile configuration is perfectly suited for Owner-Occupants pursuing a house-hack strategy or Buy-and-Hold Investors seeking a turnkey rental in a prime coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 774 Belden Street Subject | $1,600,000* List Price | 3 | 3 | 1,197 | $1,274 | - |
A 1109 Mcclellan Avenue Sold | $1,150,000 | 3 | 2 | 1,178 | $976 | 0.4 mi |
B 272 Clay Street Active | $1,599,000 List Price | 3 | 1 | 1,198 | $1,335 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features high-end finishes and modern updates throughout both units of the duplex. Although originally built in 1998, the interior has been extensively renovated with contemporary kitchen cabinetry, stainless steel appliances, stone countertops, and updated bathrooms with modern tile work and glass enclosures. The flooring and recessed lighting are current with modern design standards, and the property shows minimal wear and tear, making it a well-maintained, high-quality asset.
High School: Pacific Grove High School (9/10).
Situated near Cannery Row and major institutions like the Navy Post Graduate School, the property offers exceptional convenience and a consistent pool of high-quality potential tenants.
The upper unit features an expansive rooftop deck providing panoramic views of the entire Monterey Bay, a premium feature that significantly boosts property value and lifestyle appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1197, other record living area = 1996. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,197 total square feet split between two units, the individual living spaces are relatively small, which may limit appeal for those requiring more interior room.
The property commands a significant premium relative to its modest square footage, which may result in a lower capitalization rate for investors compared to larger multi-family assets.
Come experience the amazing ocean views and luxurious living of this stunning duplex located near Cannery Row! This unique property offers high-end finishes and updates throughout, creating a luxurious atmosphere that you will love. On the upper level is a beautiful 1 bedroom unit with an expansive rooftop deck that offers incredible views of the entire bay. The lower level includes a 2 bedroom ground floor unit. Both units can be delivered vacant if desired, making it easy to move in or rent out immediately! This gorgeous duplex is conveniently located near some of Monterey's most popular attractions such as Cannery Row, downtown Monterey, and Pacific Grove. It is also very close to Navy Post Graduate School and Defense Language Institute for easy access to great tenants. Don't miss your chance to own this incredible duplex with breathtaking ocean views - schedule your showing today!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,197 | 1,982 | 14% |
| Lot Size | 5,850 | 6,250 | 41% |
| Price | $1.60M | $1.19M | 64% |
| Price per sq ft | $1.3K | $674 | 98% |
| Built year | 1998 | 1962 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 1177 | 174 | 0% |
May 24, 2023
$1,767,500
Public Record
Jan 31, 2023
$1,600,000
Initial Listing
Dec 17, 1997
$155,000
Public Record
Sep 16, 1996
$300,000
Public Record