Ocean View Opportunity ~ This property has ocean views and renderings available with almost ready-to-pull permits. It is totally flexible to be a family retreat or income producer. Live in the upper portion and rent the lower portion or use the entire home as a complete single family home. It has lots of light, a spacious lot and plenty of available water credits. It currently has a mid-century vibe with a wood burning fireplace, vinyl windows, single car garage and new epoxy flooring. Property is located minutes from historic downtown Monterey, the wharf, MIS and DLI.
Sold for $1,425,000 on 09/10/25
$1,425,000
1028 W Franklin St, Monterey, CA 93940
2beds
1,242sqft
Single Family Residence
Built in 1957
4,800 Square Feet Lot
$1,424,800 Zestimate®
$1,147/sqft
$3,827 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 10, 2025 at 04:28am
Listed by:
Monika Campbell 01370848 831-917-8208,
Compass
Bought with:
Austin Cooper, 02161915
Real Brokerage Technologies
Source: MLSListings Inc,MLS#: ML82013506

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: BedroomonGroundFloor2plus
Bathroom
- Features: Tile, FullonGroundFloor
Dining room
- Features: DiningL
Family room
- Features: NoFamilyRoom
Kitchen
- Features: Countertop_Formica, ExhaustFan
Heating
- Central Forced Air
Cooling
- None
Appliances
- Included: Electric Cooktop, Exhaust Fan, Electric Oven, Refrigerator, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Carpet, Other, Vinyl Linoleum
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,242
- Total interior livable area: 1,242 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, On Street
- Attached garage spaces: 1
Features
- Stories: 1
- Exterior features: Back Yard, Barbecue, Fenced, Storage Shed Structure
- Fencing: Mixed Height Type
- Has view: Yes
- View description: Bay, City Lights, Mountain(s), Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 4,800 sqft
- Features: Side Slope
Details
- Parcel number: 001243006000
- Zoning: res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1957
Utilities & green energy
- Gas: PublicUtilities
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Monterey
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,424,800
2% more+$28,496
With Zillow Showcase(estimated)$1,453,296