883 Lighthouse AVE, Monterey, CA 93940

$1,500,000

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Listed by Monterey Peninsula Home Team, 831-594-3290 from KW Coastal Estates
(If provided) CoList: Debra Buonaguidi from Monterey Real Estate Firm

List Price
$1,500,000
Closing Date
Aug 21, 2026
MLS#
ML82032652
Status
CONTINGENT
Lot Size
4,800
Listing Area
Cannery Row/Lighthouse Business District
Year Built
1966

Property 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.

Additional Information

Amenities
Skylight
Cooling System
None
Energy Features
Ceiling Insulation, Low Flow Toilet, Skylight
Floor Covering
Concrete, Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter and Slab
Garage Parking
Assigned Spaces, Common Parking Area, No Garage, Off-Street Parking, On Street
Heating System
Gas, Stove Heater, Wall Furnace
Lot Size
4,800
Neighborhood
Cannery Row/Lighthouse Business District
Other Utilities
Public Utilities
Present Use
Business/Professional, Mixed, Multi-Family, Office, Retail, Service
Roof
Composition, Fiberglass, Other
Sewer
Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
Zoning
Comm

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Calculator source: Real Geeks

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