17 days on rocket

504 Ocean Ave Unit 3, Monterey, CA, 93940

$895,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,174 SqFt
$762/SqFt
Condo
Schools Nearby

Location

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504 Ocean Ave Unit 3, Monterey$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built1981
CoolingNone
FireplaceLiving Room
ViewMountain(s), Neighborhood
MLS #ML81963486
Lot Size0.23 Acres
StatusActive

About 504 Ocean Ave Unit 3

2 bed 1.5 bath Recently Updated Condo Steps from the Beach and Wharf in Coveted Monterey Area. This beautifully renovated condo, conveniently located just a short walk from the beach, wharf, NPS, and town, offers a delightful coastal lifestyle. The upgrades span from 2019 to 2024, ensuring modern comfort and style. Here are the key features: Spacious Layout: With two bedrooms, two bathrooms, one full one half, this condo provides ample space for relaxation and entertainment. Beautiful furnished balcony. Storage and Parking: Benefit from a 10x10 locked storage room and two parking spaces in the garage. Cozy Fireplace: Perfect for chilly evenings. Outdoor Deck: The spacious deck invites you to soak up the sun. Convenient Amenities: In-unit washer-dryer and ample storage make daily living a breeze. Pet-Friendly: Bring along your furry friends-two pets are welcome!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1981
  • Stories: 2
  • Living Area: 1,174 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 372-7700
  • Listing Agent: T. J. Bristol

Interior Features

Interior Information:

  • Appliances: Microwave
  • Flooring Type: Carpet
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s), Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Monterey High School, Public District Grades 9-12
  • La Mesa Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Corner of Fifth and Ocean Avenue Cross Street: Fifth

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $762/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Monterey, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$735

Avg. Days On Market

47

# of Sold Homes

29

504 Ocean Ave Unit 3 vs Monterey

17 DAYS ON ROCKET

-30 Days

$895,000

-$145.5K Less

$762/SqFt

+$27 More

KEY TAKEAWAY

This property is $145.5K less than the Median Sold Price and $27/SqFt more than other homes in Monterey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81963486

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (831) 372-7700
  • Listing Agent: T. J. Bristol

IDX 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: 5/17/2024, 12:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2515272
6
/10
  • La Mesa Elementary School

  • 1 La Mesa Way

  • 1.13 miles

  • Public District Grades KG-5

High School

school-card-donut-2515273
8
/10
  • Monterey High School

  • 101 Herrmann Dr

  • 1.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,473. Most Monterey, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 504 Ocean Ave Unit 3

What is the listing price of this property?

The listing price of 504 Ocean Ave Unit 3 property is $895,000.

What type of property is this?

The property 504 Ocean Ave Unit 3 is a condo located in Monterey, California, 93940.

Is this property for sale now?

Active Listing: 504 Ocean Ave Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 504 Ocean Ave Unit 3 are:
La Mesa Elementary School: GreatSchools Rating 6/10
Monterey High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 504 Ocean Ave Unit 3 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 504 Ocean Ave Unit 3 is 1,174 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 Ocean Ave Unit 3 is 1981.

Rocket HomesCaliforniaMonterey CountyMonterey93940504 Ocean Ave Unit 3

This home is located at 504 Ocean Ave Unit 3 in Monterey, CA and zip code 93940. This 1,174 square foot home, which was built in 1981, sits on a 0.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $895,000.

In April 2024 more than 13 listings in Monterey, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Monterey, CA increased by 35.8% between March 2024 and April 2024. Listings spent 47 days on the market in April 2024, and had a median list price of $1,040,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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