700 David Avenue, Monterey, CA 93940
Fourplex
Sold July 2026
Listing Agent: Jeannie Ferrara (DRE #01464647) · Listing Office: Coldwell Banker Realty · Contact: (831) 626-2222 · Bought with: Victor Nemechek · Radius Agent Realty · MLS #ML82043619 · Source: CRMLS
How this sale compares
700 David Avenue sold for $1,550,000 in July 2026, 3.1% under its $1,600,000 list price, after 33 days on the market. That works out to $694 per square foot on 2,235 square feet. Across 113 closed sales in 93940 over the last 12 months, the median sold price is $1,100,000 and the median is $721 per square foot, 3.9% above this sale's $694.
| 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 | 5 | $1,000,000 |
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
Description
Ideally located on a large corner lot just blocks from the bay, Cannery Row, Monterey Bay Aquarium, restaurants, shopping, the scenic recreation trail, public transportation and more. Built by the current owner's family in 1987, this is the first time this property has been on the market. The foundation of the building is a reinforced concrete carport with 5+ parking spaces and storage for each unit. The apartments are on the second level, taking advantage of the bay views. This fully occupied fourplex has a strong rental history making it an excellent investment and key asset for your portfolio.
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 700 David Avenue
1099 David Avenue: Sold $813,500 · 2 bd · 1 ba · 636 sqft · Jun 2026 · 0.2 mi
Sotheby's International Realty | DRE #01447566
Buyer's agent: T. J. Bristol, Sotheby's International Realty | DRE #01447566701 Archer Street: Sold $1,700,000 · 3 bd · 3 ba · 1,897 sqft · Aug 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01239431
Buyer's agent: Michelle Spataro-Russell, eXp Realty of California Inc | DRE #01944339721 Oak Street: Sold $1,350,000 · 4 bd · 3 ba · 1,758 sqft · Jul 2026 · 0.2 mi
Keller Williams Realty | DRE #70010112
Buyer's agent: The Ruiz Group, Keller Williams Realty | DRE #70010112674 Pine Street: Sold $1,300,000 · 4 bd · 2 ba · 2,665 sqft · Jun 2026 · 0.2 mi
Keller Williams Realty | DRE #70010112
Buyer's agent: Annette Boggs, Above and Beyond Real Estate | DRE #013178011394 David Avenue: Sold $889,000 · 2 bd · 1 ba · 1,116 sqft · Aug 2026 · 0.3 mi
Sotheby's International Realty | DRE #02033961
Buyer's agent: Vanessa Haven, Redfin | DRE #02030427600 Oak Street: Sold $1,925,000 · 4 bd · 2 ba · 2,516 sqft · Aug 2026 · 0.3 mi
KW Coastal Estates | DRE #01997179
Buyer's agent: Renee Catania, Sotheby's International Realty | DRE #01954589814 Parcel Street: Sold $1,025,000 · 3 bd · 2 ba · 1,477 sqft · Sep 2026 · 0.5 mi
515 Dickman Avenue: Sold $940,000 · 2 bd · 1 ba · 619 sqft · Jul 2026 · 0.6 mi
Sotheby's International Realty | DRE #01702965
Buyer's agent: Kyle Murphy, Real Brokerage Technologies | DRE #02234798
Closed sales reported in 93940, nearest first, last 12 months. All recent sales in Monterey →