About This Home

This 0-bedroom, 0-bathroom commercial at 883 Lighthouse Avenue in Monterey, CA is listed for $1,500,000 ($570 per sqft). Built in 1966, the home offers 2,633 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1966
  • 0.11 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
6 spaces
1966
Listing 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.

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

883 Lighthouse Avenue

Monterey, CA 93940

Property Details

Flooring

LaminateTileConcreteLinoleum

Heating

Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 883 Lighthouse Avenue is listed at $1,500,000 ($570/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966, 0.11 acre lot, 2 stories, 6 parking spaces.

This property is listed by Monterey Peninsula Home Team.

MT

Monterey Peninsula Home Team

License 70000352

Agent at Keller Williams Coastal Estates

Listed by Keller Williams Coastal Estates · Broker phone: (831) 622-6200 · Broker website

MLS# ML82032652· Source: MLS Listings, Inc.· 275 days on PropertySimple

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

883 Lighthouse Avenue, Monterey, CA 93940

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