Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions Logo
$1,500,000
( $569.69Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

883 Lighthouse Avenue,Monterey, CA 93940

Monterey, CA 93940

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Description

Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.

Details

MLS #ML82032652
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1966
Days On Site212
Listing Provided ByKW Coastal Estates | Monterey Peninsul...

Features

SQ Feet2,633
Story(s)2
Building(s)2
ZoningComm
Acreage0.11

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofComposition, Fiberglass, Other

Taxes

Property6000

Area Information

StateCA
CountyMonterey
CityMonterey
Zip Code93940
Area699 Not Defined
Listing VS Median (in 93940)
Price:
$1,500,000
low | high
Med:
$2,275,000
2% of Average
sqft:
2,633
low | high
Med:
2,084
70.869730345613% of Average
$ / sqft:
$570
low | high
Med:
$2,915
100% of Average
On site:
212
low | high
Med:
61.5
100% of Average
Sourced by Back At You

Market Activity 93940

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Learn More About This Property

Gustavo Macias

Gustavo Macias

Coldwell Banker Commercial

01758792 (626) 523-1730gustavo.macias@cbcinland.com
StateCA
CountyMonterey
CityMonterey
Zip Code93940
Area699 Not Defined
Listing VS Median (in 93940)
Price:
$1,500,000
low | high
Med:
$2,275,000
2% of Average
sqft:
2,633
low | high
Med:
2,084
70.869730345613% of Average
$ / sqft:
$570
low | high
Med:
$2,915
100% of Average
On site:
212
low | high
Med:
61.5
100% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 11:32:18 PM PDT

Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions