2 months on rocket

461 Irving Ave, Monterey, CA, 93940

$1,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,536 SqFt
$843/SqFt
Multi

Location

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461 Irving Ave, Monterey$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport
Year Built1957
HeatingWall Furnace
CoolingNone
MLS #ML81979502
Lot Size0.09 Acres
StatusActive

About 461 Irving Ave

Dream Location -Live on Site or Rent Both Units - This Charming Duplex with a spectacular Monterey Peninsula Lifestyle and Income Potential is located a few blocks from the sparkling shoreline, combining coastal living with a prime investment opportunity. The highly desired layout features the 2-bedroom units separated on the lot and off-street parking with the carport in between, creating privacy. Freshly painted with new flooring, offering a clean, move-in-ready feel. Each unit has laundry facilities, a washer and dryer, refrigerators, and ample parking. The upstairs unit features ocean peek views, while the front unit exudes the charm of a private beach-town cottage. Ideally situated close to the beach, Cannery Row, and the world-renowned Monterey Bay Aquarium, the property is surrounded by vibrant shopping, dining, and entertainment. Golf courses, picturesque shorelines, and endless outdoor recreation are just moments away. The unbeatable location puts you in the heart of the Monterey Peninsula, with quick access to Pacific Grove, Pebble Beach, Carmel-by-the-Sea, & the scenic beauty of Big Sur. Whether you want to live onsite in a resort-style town or rent out both units, this duplex offers an enviable income opportunity in one of California's most sought-after coastal areas.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: KW Bay Area Estates
  • Office Phone: (408) 560-9000
  • Listing Agent: Mario Ramirez

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Hawthorne Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $843/SqFt

Tax Information:

  • Annual Amount: $5,058
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monterey, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$733

Avg. Days On Market

44

# of Sold Homes

25

461 Irving Ave vs Monterey

75 DAYS ON ROCKET

+31 Days

$1,295,000

+$244.8K More

$843/SqFt

+$109 More

KEY TAKEAWAY

This property is $244.8K more than the Median Sold Price and $109/SqFt more than other homes in Monterey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81979502

Listing Office:

  • Office Name: KW Bay Area Estates
  • Office Phone: (408) 560-9000
  • Listing Agent: Mario Ramirez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 1992Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,058$448,457
2020$4,869$443,860
2019$4,902$435,158
2018$4,546$426,627
2017$4,546$418,262

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-366640
9
/10
  • Robert Down Elementary School

  • 485 Pine Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-366641
6
/10
  • Forest Grove Elementary School

  • 1065 Congress Ave

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-366642
5
/10
  • Monte Vista

  • 251 Soledad Dr

  • 1.74 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,091. Most Monterey, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaMonterey CountyMonterey93940461 Irving Ave

This home is located at 461 Irving Ave in Monterey, CA and zip code 93940. This 1,536 square foot home, which was built in 1957, sits on a 0.09 acre lot. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $1,295,000.

While more than 0 listings in Monterey, CA in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 18 were sold below. The median list price of listings available in October 2024 was $1,050,166, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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