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515 Archer Street in Monterey presents a balanced opportunity with a solid Zumper Expert Rating reflecting its overall appeal. Pros include its convenient location and potential for rental income, while notable features enhance its attractiveness for diverse living arrangements. These factors contribute to a comprehensive evaluation of the property's market viability.
Things you’ll love
| Studio APT | Studio | 1 bath | 630 sqft |
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Apartment Amenities
| Ceiling Fan | Hardwood Floor |
| Utilities Included |
Appliances
| Dishwasher | Microwave |
Grounds
| Courtyard | Outdoor Space |
| Storage |
One-time.
One-time. Refundable.
| Units | 2 |
|---|
STUDIO APARTMENTRENTAL PRICE: $2,150.00 per monthDEPOSIT AMOUNT: $2,150.00MANDATORY RESIDENTIAL BENEFIT PACKAGE: $35.00 per month*UTILITIES INCLUDED: PG&E, WATER, GARBAGE AND SEWER CHARGESLEASE TERM: 1 YEARThis bright, wood-accented loft studio offers a warm and inviting atmosphere with plenty of natural light throughout the unit. The open layout features a very spacious living area, complemented by exposed wood details, hardwood floors, and large windows that create a modern yet rustic feel. A convenient kitchenette which include mini fridge and microwave that keeps daily living simple and efficient. Adding to its charm, the studio includes a secret wall closet disguised as a bookshelf, providing both character and extra storage. Sterling Property Management DRE#02083542801 Lighthouse Avenue #109Monterey, CA 93940831-643-9400 EXT. 1008*Call for more info about Resident Benefit Package
How x515A - OLD compares to other nearby properties.
Positives
| Month | Median Rent |
|---|---|
| December 2023 | $1,395 |
| January 2024 | $1,395 |
| February 2024 | $1,395 |
| March 2024 | $1,483 |
| April 2024 | $1,395 |
| May 2024 | $1,395 |
| June 2024 | $1,421 |
| July 2024 | $1,395 |
| August 2024 | $1,395 |
| September 2024 | $1,395 |
| October 2024 | $1,395 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,395 |
| April 2025 | $1,611 |
| May 2025 | $1,471 |
| June 2025 | $1,395 |
| July 2025 | $1,395 |
| August 2025 | $1,395 |
| September 2025 | $1,547 |
| October 2025 | $1,395 |
| November 2025 | $1,395 |
| December 2025 | $1,395 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,862 |
| July 2024 | $1,806 |
| August 2024 | $1,812 |
New Monterey | Monterey, CA
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