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LKV Realty, LLC

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Coral Gables, FL 33146

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$1,525,000

$6,000Reward *

338 Watson Street, Monterey, CA 93940Listing ID ML82018516

338 Watson Street, Monterey, CA 93940

Contingent

Time on site: 338 days • Last updated: Aug 30, 2025

Property Type

Residential Income

Property Sub Type

Triplex

Square Feet

1,975

Acres

0.15

Days on Site

337

Cooling

None

Heating

Central

Year Built

Listing provided by Doug Steiny • Sotheby's International Realty, (831) 624-1566

Market Report for 93940

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

ML159610

Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.

Property Information

Property Details

Location

Address

338 Watson Street

County

Monterey

City

Monterey

Zip Code

93940

School District

Other

MLS Area

699 - Not Defined

Interior Features

Heating and Cooling

Cooling

None

Heating

Central

Building

Building Information

Square Feet

1,975

Year Built

1954

Roof

Other

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$1,737