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Bailey Properties
1113 Mcclellan AVE, Monterey, CA 93940
- $1,400,000
- 6
- BD
- 2,204
- SqFt
Listed by The C Group, 831-601-8936 from Real Brokerage Technologies
(If provided) CoList: from
Sold listing courtesy of Chrissy Goblirsch-Miller from 01CHAL05
- Sold Price
- $1,400,000
- List Price
- $1,500,000
- Closing Date
- May 13, 2026
- MLS#
- ML82033151
- Status
- SOLD
- Zoning
- R-2
- Sqft. of Residence
- 2,204
- Lot Size
- 6,033
- Listing Area
- New Monterey
Property Description
Rare opportunity to acquire a well-located triplex in the heart of New Monterey. This property features three single-level units with functional, well-designed layouts and attractive finishes that appeal to todays tenants. Ideally positioned within easy walking distance to Downtown Monterey, residents can enjoy quick access to shops, restaurants, and everyday conveniences. The beach, Cannery Row, Monterey Bay Aquarium, and other iconic Monterey amenities are just a short stroll away, making this an exceptionally desirable rental location. Close proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School creates consistent rental demand and contributes to a strong, healthy rent roll. The property has been well maintained and offers a turnkey investment with long-term upside in one of Montereys most sought-after neighborhoods. Offered for the first time on the market, this is a rare chance to own a legacy multifamily asset in a prime coastal location with proven income performance and excellent walkability.
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Additional Information
- Cooling System
- Other
- Foundation
- Raised
- Garage Parking
- Detached Garage
- Heating System
- Other
- Living Area
- 2,204
- Lot Size
- 6,033
- Neighborhood
- New Monterey
- Other Utilities
- Public Utilities
- Roof
- Tile
- Sewer
- Sewer - Public
- Zoning
- R-2
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