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About this home
Rare opportunity in Old Town Monterey! Two charming Spanish-style homes on one parcel, just blocks from the heart of downtown Monterey. So many possibilities. Perfect for an investor, or live in one and rent out the other. The front residence at 355 Monroe features 3 bedrooms, 1 bathroom, and approximately 850 square feet of living space, while 357 Monroe offers 2 bedrooms, 1.5 bathrooms, and approximately 1,092 square feet, with convenient access from Eddie Burns Lane and an attached garage. A fenced yard separates the two residences, creating privacy and distinct outdoor spaces for each home. Full of character, the property features charming architectural details, hardwood floors, a fireplace, inviting outdoor areas, and a peek of the Monterey Bay from the deck at 357. Enjoy the flexibility of two detached residences while being moments from downtown Montereys restaurants, shops, waterfront, and all that the highly desirable Old Town neighborhood has to offer.
Single-familyProperty Type
1931Year Built
5,200 sq ftLot Size
$770Price/Sq.Ft.
2 car garageParking
Listed by Alexandra Armanasco•DRE #02082410• Sotheby’s International Realty
Old Town, located between Fisherman’s Wharf and the Monterey Bay Coastal Recreation Trail, is a historic and waterfront Monterey neighborhood with adobe-era streetscapes and a working-harbor edge. The neighborhood’s character concentrates along Alvarado Street near Custom House Plaza, where galleries, wine bars, and independent shops spill into the evening sidewalk scene. Cultural pillars include the Monterey Museum of Art, the Golden State Theatre, and the historic Larkin House. Architecture shifts from preserved adobes and Victorian-era facades to compact mixed-use blocks with upstairs balconies. The shoreline path frames daily routines with sea air, bikes, and long views across the bay. Pocket plazas and waterfront overlooks keep the pace walkable and public-facing.
Provided by Walk Score and Local Logic
Offer insights
355 & 357 Monroe St · $1,495,000
$1.54M and above
75% chance or better to win
Why $1.54M+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 34 days.
SALE-TO-LIST
98.5%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Fireplace in the living room
Showers over tubs
Bedrooms
Bedrooms info not provided
Bathrooms
Two full bathrooms
One half bathroom
Kitchen
Gas oven range
Refrigerator
Ceramic countertops
Laundry & utility
Laundry area inside the home
Laundry access in the garage
Flooring
Carpet
Hardwood
Laminate
Tile
Heating & cooling
Baseboard heating
Gas heating
Wall furnace
Exterior features
Back yard
Balcony/patio
Home design
Spanish-style single-story home
Faces northwest
Parking
Attached 2-car garage
On-street parking available
Security
Security info not provided
Construction
Bitumen roof
Concrete perimeter and slab foundation (slab)
Utilities
Public water
Public sewer
Public utilities
Individual gas meters
HOA & community
HOA/community info not provided
Financial info
Financial details not provided
Other
Building area approximately 1,942 (unit not restated)
Walk Score: 86
Located in Old Town Monterey
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity in Old Town Monterey! Two charming Spanish-style homes on one parcel, just blocks from the heart of downtown Monterey. So many possibilities. Perfect for an investor, or live in one and rent out the other. The front residence at 355 Monroe features 3 bedrooms, 1 bathroom, and approximately 850 square feet of living space, while 357 Monroe offers 2 bedrooms, 1.5 bathrooms, and approximately 1,092 square feet, with convenient access from Eddie Burns Lane and an attached garage. A fenced yard separates the two residences, creating privacy and distinct outdoor spaces for each home. Full of character, the property features charming architectural details, hardwood floors, a fireplace, inviting outdoor areas, and a peek of the Monterey Bay from the deck at 357. Enjoy the flexibility of two detached residences while being moments from downtown Montereys restaurants, shops, waterfront, and all that the highly desirable Old Town neighborhood has to offer.
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81414721
Sep 28, 2026
Listing Removed
—
Jun 2, 2014
Listing Removed
—
May 1, 2014
Listed
$810,000
$417/sq ft
MLSListings #ML81579433
May 10, 2016
Sold
$849,000
$437/sq ft
Apr 22, 2016
Contingent
—
Apr 9, 2016
Listed
$849,000
$437/sq ft
SDMLS #301712346
May 10, 2016
Sold
$849,000
$437/sq ft
Apr 9, 2016
Listed
$849,000
$437/sq ft
Public Records
Sep 17, 1976
Sold
$77,500
$40/sq ft
Public Records
Aug 12, 1975
Sold
$64,500
$33/sq ft
Public Records
Apr 25, 1975
Sold
$55,000
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,754 (+8.2%)
$765,000 + $510,000
$1,275,000
2024
$10,862 (+2.9%)
$473,516 + $531,520
$1,005,036
2023
$10,561 (+1.4%)
$464,232 + $521,099
$985,331
2022
$10,416 (+1.5%)
$455,130 + $510,882
$966,012
2021
$10,265 (+3.9%)
$446,206 + $500,865
$947,071
2020
$9,877 (−4.7%)
$437,457 + $491,045
$928,502
2019
$10,367 (+4.2%)
$432,972 + $486,010
$918,982
2018
$9,952 (+8.0%)
$424,483 + $476,481
$900,964
2017
$9,216 (+221.3%)
$408,000 + $457,980
$865,980
2016
$2,868 (+1.4%)
$408,000 + $457,980
$865,980
2015
$2,828 (+1.7%)
$72,109 + $189,307
$261,416
2014
$2,781 (+2.2%)
$69,635 + $182,812
$252,447
2013
$2,721 (+0.7%)
$69,635 + $182,812
$252,447
2012
$2,702 (+3.9%)
$69,321 + $181,986
$251,307
2011
$2,601 (+3.7%)
$67,962 + $178,418
$246,380
2010
$2,508 (−0.3%)
$66,630 + $174,920
$241,550
2009
$2,516 (+2.2%)
$66,133 + $173,613
$239,746
2008
$2,461
$66,291 + $174,026
$240,317
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,200 Sq. Ft.
Year renovated
1931
Finished Sq. Ft.
834
Unfinished Sq. Ft.
—
Total Sq. Ft.
834
Year built
1931
Style
Multi-Family (2-4 Unit)
County
Monterey County
APN
001375006000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-3-6
Residential Medium Density Multifamily Dwelling District
The R-3 Residential Medium Density Multifamily Dwelling District is intended to provide opportunities for garden apartments, townhouses, and cluster housing in neighborhoods at densities up to 30 units per acre. A second number -5, -6, etc. indicates the minimum lot area and dimensions and the property development standards that apply. Supporting recreational, religious, educational and community facilities also are allowed.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Infrastructure
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 76° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Monterey, CA • 93940
Average low and high temperatures (°F)
63
45
64
47
65
49
63
50
64
52
66
55
67
56
69
57
70
57
69
54
64
48
63
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.8 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
10.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 355 & 357 Monroe St
$1,515,096
$20K over list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.3M to $1.9M.