Sold for $1,592,000 · Mar 2024

SOLD

Listed at $1,600,000

Sold

582 Van Buren Street, Monterey, CA 93940

Monterey, CA

MLS# ML81952066

2,813 Sq Ft • Triplex

11 days on market

Listing Agent

The Russell Group

Listing Agent

eXp Realty of California Inc

DRE #: 70010200

Brokerage: eXp Realty of California Inc

Property Details

N/A

Bedrooms

Bathrooms

2,813 sqft

Square Feet

1929

Year Built

5,904 sqft

Lot Size

$566

Price/Sq Ft

Garage Spaces

N/A

HOA

Triplex

Property Type

Description

Nestled in the heart of Monterey's historic "Spaghetti Hill", this unique property offers a rare combination of style, convenience, and investment opportunity. The main residence, gives a charming sense of local heritage and features three bedrooms and a full bathroom. Featuring plastered walls that create an ambiance of rustic elegance. The Spanish-style tile roofing adds a touch of Mediterranean charm. Enjoy short walks to restaurants, shopping, farmers market or the beach. At the rear of the property sits a duplex, each unit offering one bedroom and one bath presenting a fantastic income opportunity. Situated under the duplex is a 3 car garage partitioned for each unit. Take advantage of this opportunity to invest in Monterey's Historic Old Town.

Listing description from the March 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling: None
Heating: FloorFurnace, WallFurnace
Taxes: $17,600/yr

Sale history for 582 Van Buren Street

1 recorded sale

$1,592,000

Sold March 2024 · listed $1,600,000, on market January 2024, 11 days on market · MLS #ML81952066 · Source: CRMLS

Listing Agent: The Russell Group · Listing Office: eXp Realty of California Inc · Contact: (831) 249-0250 · Bought with: Hap Albers · Albers Real Estate Investment Company

How this sale compares

582 Van Buren Street sold for $1,592,000 in March 2024, 0.5% under its $1,600,000 list price, after 11 days on the market. That works out to $566 per square foot on 2,813 square feet. Across 119 closed sales in 93940 over the last 12 months, the median sold price is $1,090,000 and the median is $718 per square foot, 27% above this sale's $566.

$566

This sale, per sq ft

$718

93940 median per sq ft (12 mo)

$1,090,000

93940 median sold price (12 mo)

119

Closed sales in 93940 (12 mo)

Days on market

−0.5%

Sold vs. list price

Quarter	Closed sales in 93940	Median sold price
Q1 2026	8	$1,172,000
Q2 2026	51	$1,050,000
Q3 2026	49	$1,150,000
Q4 2026	11	$970,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Monterey · Homes for sale in 93940

Recent sales near 582 Van Buren Street

Closed sales reported in 93940, newest first, last 12 months. All recent sales in Monterey →

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CRMLS

MLS# ML81952066

Listed: 1/22/2024

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 3/8/2024. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: eXp Realty of California Inc

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.