Set behind a classic white picket fence you will find this Monterey 3-plex gem. Featuring a single-family residence with 2 bedrooms, 1 bath, hardwood floors, high ceilings and fireplace in the front, along with two separate units in the back. Offering a total of 4 bedrooms and 4 bathrooms, the property brings a unique investment or multi-generational opportunity for the next fortunate owner. Inside you will find functional living spaces across the units, a three-car garage with two large storage areas providing ample parking and additional utility all on a 6,700 SF lot. Close to everyday conveniences, blocks from downtown Monterey it is within walking distance to shops and restaurants as well as the Middlebury Institute and the DLI. This is your opportunity calling, are you picking up?
Under contract
$1,950,000
291 Watson St, Monterey, CA 93940
3beds
4baths
3,346sqft
Est.:
Triplex, Residential Income
Built in 1929
-- sqft lot
$-- Zestimate®
$583/sqft
$-- HOA
What's special
- 19 days |
- 49 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Lucie Campos 01345594 831-596-6118,
Coldwell Banker Realty 831-626-2224
Source: MLSListings Inc,MLS#: ML82040164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Central Forced Air Gas, Space Heater, Wall Furnace
Cooling
- None
Appliances
- Included: Washer/Dryer
Features
- Doors: None
Interior area
- Total structure area: 3,346
- Total interior livable area: 3,346 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 6,700 Square Feet
Details
- Parcel number: 001381033000
- Zoning: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Pillar/Post/Pier, Other
- Roof: Composition
Condition
- Year built: 1929
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Monterey
Financial & listing details
- Price per square foot: $583/sqft
- Tax assessed value: $1,252,265
- Annual tax amount: $14,700
- Date on market: 3/25/2026
- Listing agreement: ExclusiveAgency
- Inclusions: DishwasherSomeUnits, OvenRangeAllUnits
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
$3,736/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2019 | Listing removed | $2,850$1/sqft |
Source: Wayland Properties, Inc. #ML81763946 Report a problem | ||
| 8/9/2019 | Listed for rent | $2,850$1/sqft |
Source: Wayland Properties, Inc. #ML81763946 Report a problem | ||
| 2/3/2017 | Sold | $1,079,000$322/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,754 +8.4% | $1,252,265 +2% |
| 2024 | $13,615 +3% | $1,227,712 +2% |
| 2023 | $13,221 +1.4% | $1,203,640 +2% |
| 2022 | $13,041 +1.5% | $1,180,040 +2% |
| 2021 | $12,852 +3.9% | $1,156,903 +1% |
| 2020 | $12,369 -4.7% | $1,145,042 +2% |
| 2019 | $12,978 +4.1% | $1,122,591 +2% |
| 2018 | $12,461 +453.4% | $1,100,580 +446.4% |
| 2017 | $2,252 +1.8% | $201,428 +2% |
| 2016 | $2,213 +3.1% | $197,479 +1.5% |
| 2015 | $2,147 | $194,514 +2% |
| 2014 | $2,147 | $190,704 +2.5% |
| 2012 | -- | $186,121 +2.8% |
| 2010 | -- | $181,109 -0.2% |
| 2009 | -- | $181,540 +2% |
| 2008 | -- | $177,981 +2% |
| 2007 | -- | $174,492 +2% |
| 2006 | -- | $171,071 +2% |
| 2005 | -- | $167,717 +2% |
| 2004 | -- | $164,430 +1.9% |
| 2003 | -- | $161,417 +2% |
| 2002 | -- | $158,253 +2% |
| 2001 | $1,529 | $155,151 +2% |
| 2000 | -- | $152,109 |
Find assessor info on the county website
Monthly payment
Est. payment
$11,510/mo
Principal & interest
$9722
Property taxes
$1788
More affordability tools
Climate risks
Neighborhood: Old Town
Getting around
41 / 100
Some TransitNearby schools
GreatSchools rating
- 6/10Monte VistaGrades: K-8Distance: 1 mi
- 8/10Monterey High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: MontereyPeninsulaUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- California
- Monterey County
- Monterey
- 93940
- Old Town
- 291 Watson St







