$10,000 Closing Credit¹
#ML81992291, Anthony Davi, Listing Office: Anthony Davi, Broker
#41076948·
Listing Office: Exp Realty of California Inc.·
Listing Agent: Loren Eva Ybarra·
Listing Office Phone: 888-584-9427
$10,000
closing credit¹
1251 1st St Monterey, CA 93940
$2,075,000 List price
$10,000
Closing credit¹
0.1 acres
House
Property details
About 1251 1st St
Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Lot size0.14 Acres
Year built1950
MLS #41076948
Summary
- MLS Number: 41076948
- MLS Name: CRMLS
- Office Name: Exp Realty of California Inc.
- Office Phone: (888) 584-9427
- Listing Agent: Loren Eva Ybarra
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: 2/15/2025, 7:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,075,000
1251 1st St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 14, 2021 | Home Sold | $3,150,000 |
| May 17, 2018 | Home Sold | $3,335,000 |
| Apr 25, 2017 | Home Sold | $3,335,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,223,670 | $13,275 |
| 2023 | $1,199,700 | $13,275 |
| 2022 | $1,176,200 | $13,095 |
| 2021 | $722,626 | $8,204 |
| 2020 | $714,030 | $7,901 |
| 2019 | $700,031 | $7,958 |
| 2018 | $686,306 | $5,664 |
| 2017 | $509,098 | $5,664 |
History based on county public records data.
Nearby schools
6
La Mesa Elementary School
Public District KG-5
1.3 mi
•1 La Mesa Way
5
Monte Vista
Public District KG-5
1.7 mi
•251 Soledad Dr
3
Del Rey Woods Elementary School
Public District KG-5
2.2 mi
•1281 Plumas Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,994. The most common annual income of people living in Monterey, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
41%
35k-100k
20%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
9%
Single, with Kids
16%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Yoga/pilates
Continuing Education Courses
Where do the neighbors shop?
Banana Republic
H&M
Express/Express For Men
Where do the neighbors go to eat?
Sonic
Dominos Pizza
Qdoba
What do the neighbors drive?
Infiniti
Audi
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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$10,000 Closing Credit¹
#41076945, Loren Eva Ybarra, Listing Office: Exp Realty of California Inc.
Frequently asked questions
About 1251 1st St
This home is located at 1251 1st St in Monterey, CA and zip code 93940. Features: 0 bathroom. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $2,075,000.
While more than 2 listings in Monterey, CA in January 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Monterey, CA between December and January 2025 increased by 9.7%. Listings spent 32 days on the market in January 2025, and had a median list price of $1,050,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.