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Belmont Brokerage provides exclusive access to off-market luxury properties across Los Angeles, Beverly Hills, Glendale, Burbank, and Pasadena. Our agents leverage private networks and AI-powered market analysis to surface properties before they hit the MLS. Schedule a private showing through our website to explore available inventory.

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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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Pending

+2 more

$1,725,000

27 DOM

— bd— ba— sqft

Call

400 W Franklin St Monterey, CA 93940

8,619sqft lot

MLS ML82030357

831-646-1919 (Office) 831-646-1919 (Cell) dbaird@mahoneycommercial.com

Est. payment

$11,023/mo

Principal & interestTaxesInsurance

$8,723$1,797$503

Down %

Rate %

Years

Down payment: $345,000 · Total cost: $3,485,114

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$11,023/mo

Principal & interest: $8,723
Est. property tax: $1,797
Est. insurance: $503
Down payment: $345,000

Est. gross rent$7,188/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,835/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 6, 2026	$1,725,000	—

Facts & Features

Transaction Data

Close DateApr 1, 2026

Structure & Property

Year Built1976

831-646-1919 (Office) 831-646-1919 (Cell) dbaird@mahoneycommercial.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Call

400 W Franklin Street — Monterey | Belmont Brokerage | Belmont Brokerage

400 W Franklin St Monterey, CA 93940

About this home

David Baird

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

David Baird

Sale & Tax History

No Recent Sales History

400 W Franklin Street, Monterey, CA 93940

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

400 W Franklin St Monterey, CA 93940

About this home

David Baird

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

David Baird

Sale & Tax History

No Recent Sales History