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Welcome to the Soho of the Monterey Peninsula, an exceptionally rare investment and development opportunity in the heart of Sand City. Positioned in one of the Peninsula's most dynamic and evolving micro-markets, this property offers significant upside with city-supported potential for a six-story mixed-use development. Preliminary discussions have included two levels of parking and four levels of residential housing, with flexibility for a blend of market-rate and affordable units. Sand City has expressed openness to creative site planning, including potential use of acquisition of adjacent portions of the bordering dead-end streets to enhance access and circulation. Upper level units on the third floor are anticipated to capture some of the most compelling views in the area. The existing improvements include a multi-tenant commercial structure featuring five office suites, six upper-level storage units, four ground-level garage bays (one with accessory office space) and two additional storage units. Most spaces are currently leased on a month to month basis providing immediate income. This is an exceptional opportunity to reimagine and capitalize on one of the Monterey Peninsula's most promising urban corridors.
Property Type(s):
Residential Income
| Last Updated | 4/22/2026 | Year Built | 1988 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Monterey |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| LOT | 8250 sq ft |
| LOT DIMENSIONS | 8250 |
| SEWER | Public Sewer |
| TAXES | 15500 |
| WATER | Public |
Location
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Listed with Douglas Elliman of California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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