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Valerie Leuba

valerie@myhousingwizard.com +1(510) 990-2505

Listed by KW Coastal Estates

$ 3,500,000

Est. payment -/mo

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Active

457 Spencer Street Monterey, CA 93940

8 Beds

7 Baths

4,539 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,539 sqft

Price per Sqft $771

MLS Listing ID ML81991134

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1975

Lot Size 5,850 Sqft

Property Sub-Type Detached

Source Datashare MLSListings

Property Description

Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!

Location

State CA

County Monterey

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Flooring Concrete, Hardwood, Laminate, Tile

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Double Oven, Electric Range, Gas Range, Microwave, Oven

Laundry Coin Operated

Exterior

Garage Spaces 4.0

View Bay, City Lights, Hills, Water

Private Pool false

Building

Story 3

Architectural Style Contemporary

Schools

School District Monterey Peninsula Unified, Monterey Peninsula Unified

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Valerie Leuba

Realtor/Broker Associate | License ID: CA 01352071

+1(510) 990-2505

Valerie Leuba

457 Spencer Street Monterey, CA 93940

Key Details

Location

Interior

Exterior

Building

Schools

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457 Spencer Street