$4,700,000

2080 Withers Avenue, Monterey CA, 93940

Price per sqft$620.38

Built in1964

Property size7,576 sqft

Property typeCommercial

Listed by The C Group CA DRE# 70010221 with Real Brokerage Technologies 831-601-8936

Overview

Active

Listed Oct 8, 2026

Updated 7h ago

Exceptional turnkey investment opportunity featuring 12 fully remodeled units perched atop the hill in highly desirable New Monterey. Each unit has been thoughtfully updated with upgraded flooring, new kitchens, beautifully remodeled bathrooms, and new windows, providing a modern and attractive living environment for tenants. Every unit also includes a private garage, while select units offer beautiful ocean views. A secure gated entrance provides added privacy and peace of mind for residents. The property also presents significant ADU potential for investors looking to expand and maximize the property's future upside. Ideally located near the DLI entrance and within close proximity to New Monterey, Pacific Grove, and Pebble Beach, this property offers exceptional convenience and access to some of the Monterey Peninsula's most sought-after destinations. With its extensive renovations, private garages, gated setting, ocean views, desirable location, and potential for future expansion, this is a rare opportunity to acquire a one-of-a-kind investment in the highly desirable Monterey market.

Additional information

MLS^® ID: ML82063945

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $51,700
Tax Frequency: Annually
Maintenance Expense: $11,284

Listed by The C Group CA DRE# 70010221 with Real Brokerage Technologies 831-601-8936

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/8/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/8/2026 at 6:26 PM UTC Last Checked: 6:26 PM UTC