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Other
Kitchen
Living
Exterior
Bath
Entry Way
Bedroom

504 Ocean Ave 2, Monterey, CA 93940

$849,000

Last sold 08/03/2026 after 68 Days

2
bed
2
bath
1,178
Sqft ($721/Sqft)

Condominium not for sale

About 504 Ocean Ave 2

Property type Condominium

Neighborhood

Year built 1981

HOA fee $450/month

Lot size 9,805 Sqft

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

New, new, new! Complete upscale remodel, truly turnkey. 2 beds, 2 baths. Must purchase with lease. Great investment! Has just been leased for 18 months at $4200- monthly June 20-December 2027. New condo roof in 2024, new kitchen with quartz island, new appliances, new baths, luxury vinyl flooring throughout, new water heater, air conditioner, drywall, insulation, plumbing, electrical, paint, fireplace with birch log insert, freshly sealed windows, in unit washer-dryer, lots of storage. Siding and decks scheduled for repair this summer. One block to NPS, five blocks to the beach, wharf, MPC and town. Excellent rental income. 10x10 locked storage room, 2 spaces in garage, and 2 street permits.

Listed by

Listing Agent - Kirsten Tarman

Listing Office - Sotheby's International Realty

Source: MLSListings

MLS#ML82029355 • last updated 2 months ago

Movoto checked MLSListings for data 6 minutes ago

Overview
Cooling/AC	None
Heating	Central Forced Air
Levels/Style	Traditional
Type	Residential
MLS #	ML82029355
SqFt	1178
SubType	Condominium
Lot Size (Acres)	0.2251
Year Built	1981
HOA Fee	450, Monthly

Interior
# Full Baths	2
Bathrooms	Full On Ground Floor, Shower And Tub, Tile, Updated Bath
Total # of Bedrooms	2
Family Room	Kitchen / Family Room Combo
Laundry	Inside, Washer / Dryer
Kitchen	Countertop - Quartz, Island, Oven Range - Electric, Refrigerator
Dining Room	No Formal Dining Room
Flooring	Vinyl / Linoleum
Fireplace	Living Room

Exterior
Foundation	Foundation Pillars
Roof	Tar And Gravel
Construction	Wood Frame
Garage/ Parking Desc	Assigned Spaces
# Garage Spaces	2
Yard/ Grounds	Balcony / Patio, Deck
Lot Description	None
Fencing	None

Amenities / Utilities
Water Sources	Individual Water Meter
Sewer/ Septic	Sewer - Public
Energy Features	Low Flow Toilet
Utilities	Public Utilities
Communications	Audio / Video Prewired
HOA Fee Includes	Common Area Electricity, Decks, Exterior Painting, Garbage, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee

Location
View	Mountains, Neighborhood
County	Monterey
Area	Oak Grove
APN	001-842-017-000
Zoning	Residential

$841K

Range: $798K-$883K

Last 30 days

Rental est.: $4,079/month

• Gross rent multiplier: 17.3

Lower your payment with the loan terms that fit you.

Aug 2026
MLS # ML82029355
Aug 3, 2026 Sold
$849,000
Jul 5, 2026 Contingent
—
Apr 19, 2026 Price Change
$849,000 (-5.6%)
Feb 4, 2026 Listed
$899,000
Dec 12, 2025 Listed
$899,000
Dec 2025
MLS # ML82028665
Dec 12, 2025 Listed
$899,000
Dec 3, 2025 Listed
$899,000 (+7.7%)
Sep 2023
Public Records
Sep 15, 2023 Sold
$835,000
Sep 2023
MLS # ML81937471
Sep 15, 2023 Sold
$835,000 (-1.8%)
Sep 4, 2023 Pending
—
Aug 30, 2023 Listed
—
Aug 16, 2023 Pending
—
Aug 7, 2023 Listed
$849,900
Aug 7, 2023 Listed
$849,900 (+25.9%)
Jan 2021
MLS # ML81820588
Jan 29, 2021 Sold
$675,000
Jan 29, 2021 Sold
$675,000
Jan 25, 2021 Pending
—
Jan 25, 2021 Pending
—
Nov 29, 2020 Active
—
Nov 29, 2020 Contingent
—
Nov 21, 2020 Listed
$649,000
Nov 21, 2020 Listed
$649,000 (+14.9%)
Jan 2021
Public Records
Jan 28, 2021 Sold
$675,000 (+4.0%)
Jun 2018
MLS # ML81705087
Jun 26, 2018 Sold
$565,000
Jun 26, 2018 Sold
$565,000
May 18, 2018 Active
—
May 18, 2018 Contingent
—
May 11, 2018 Listed
$565,000
May 11, 2018 Listed
$565,000

Year Property taxes Tax assessment
2024
$9,106 +20.0%

$835,000
2023
$7,592 +1.4%

$835,000 +21.28%
2022
$7,486 +15.3%

$688,500
2021
$6,490 +3.9%

$688,500 +15.93%
2020
$6,244 -4.7%

$593,915 +1.04%
2019
$6,551 +109.8%

$587,826 +2.0%
2018
$3,122

$576,300

504 Ocean Ave 2
$849K
Oak Grove
$1.6M 0% y/y
93940
$1.2M 0% y/y
Monterey
$1.28M +3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
504 Ocean Ave #7, Monterey, CA 93940	$787,000	2/—	1,170	0
504 Ocean Ave #1, Monterey, CA 93940	$730,000	2/2	1,182	0
504 Ocean Ave #8, Monterey, CA 93940	$797,000	—/—	1,183	0
504 Ocean Ave #3, Monterey, CA 93940	$799,000	2/1	1,174	0.01
504 Ocean Ave, Monterey, CA 93940	—	—/—	—	0.01
504 Ocean Ave #4, Monterey, CA 93940	$779,000	2/—	1,185	0.01
504 Ocean Ave #6, Monterey, CA 93940	$796,000	—/—	1,181	0.01
504 Ocean Ave #5, Monterey, CA 93940	$776,000	2/1	1,180	0.01

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.