Monterey, CA 93940,338 Watson ST
Monterey, CA 93940,338 Watson ST
Monterey, CA 93940,338 Watson ST
$1,425,000
Est. payment /mo
$1,525,000
6.6%
Est.Price: ?

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5 Beds
4 Baths
1,975 SqFt
SOLD DATE : 09/19/2025

Key Details

Sold Price $1,425,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,975 sqft

Price per Sqft $721

MLS Listing ID ML82018507

Sold Date 09/19/25

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1954

Lot Size 6,507 Sqft

Property Sub-Type Single Family Residence

Property Description

Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning R 3-5

Interior

Heating Central

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Exterior

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Roof Type Other

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Other

Others

Tax ID 001375036000

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Doug Steiny Sotheby's International Realty
Bought with Dorothy Coulter EXIT Realty Consultants

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Rolf & Gina Rawson

Rolf & Gina Rawson

+1(951) 695-2951

Broker | License ID: 01816225

Broker License ID: 01816225

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