573 Polk Street, Monterey, CA 93940

About this commercial property

Fantastic, highly desirable location, 1/2 block from downtown Monterey. A short stroll to stores, post office, Middlebury Institute, and the beach! All but one studio apartment is separately metered for gas and electric. Parking for up to 6 vehicles in the the rear, and on-site laundry facility for tenant convenience. Monterey is a strong rental market with a dearth of affordable housing. The property is zoned commercial. 15 apartments with corresponding water credits, nestled among the beautiful, historic adobes.

Listing description from the March 2026 sale, as reported to CRMLS.

Sale history

$3,550,000

Sold March 2026 · listed $3,650,000, on market January 2026 · MLS #ML82030300 · Source: CRMLS

Listing Agent: C. Della Sala · Listing Office: Pacific Street Real Estate, Inc. · Contact: 831-373-8451 · Bought with: Oscar Gutierrez · Bailey Properties

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