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Attention Investors! You are going to love this classic Monterey craftsman cottage that has three rental units. Located on Spaghetti Hill, just above downtown Monterey, this cottage exudes charm and has great curb appeal. The main house has 3 bedrooms, 2 baths, a living room with a fireplace, a dining room, and a spacious kitchen. It features high ceilings, plaster walls, and detailed wood finishes on the walls, door frames and windows. It even has a peek of the bay! The 2nd unit is detached and has 1 bed, 1 bath, a spacious living area and modest kitchen. The property includes a 1500+ sf basement with an additional bath plus an oversized 1 car garage. It is near Del Monte Beach, Cannery Row, the DLI and MIIS. Move it to your short list!
Listing agent: Monterey Peninsul... DRE #70000352 mark.bruno@mphtre.com, Listing office: KW Coastal Estates
MLS data updated 10/26/2026, 4:41:09 PM PT
Source: CRMLS, MLS #: ML81870742
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 26, 2026
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This home · nearest recorded event
$1,336,750Asking price recorded · Oct 26, 2026ZIP 93940 · Oct 2026
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Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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