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501-555 is rated highly overall, with strong marks for price, amenities, location, and trustworthiness, suggesting a well-rounded rental option. It also stands out for its lively surroundings, with many nearby restaurants, entertainment venues, and event hubs, while offering appeal across diverse age groups.
Things you’ll love
Great for
| 1BR/1.0BA | 1 bed | 1 bath | 525 sqft | $2,150 /mo | 2 units available | For unit and availability information, please contact on-site manager Robert at (831) 372-4937. Appliances Included: Stove and Refrigerator. Utilities: Water, Garbage and Sewer included in the rent. Renter's insurance is required. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information - Jackson Trapin DRE# 2111766 Broker Information: Mangold Property Management, Inc. DRE #01226102 |
Let's explore this property.
Apartment Amenities
| Upstairs Unit |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Carport | Laundry Facilities Onsite |
| Onsite Laundry |
Grounds
| Carport Parking | Courtyard |
| Outdoor Space |
Services
| Gardener | Water, Garbage & Sewer |
Neighborhood
| Close to Beach | Walking Distance to Beach |
One-time.
One-time. Refundable.
| Units | 46 |
|---|
For unit and availability information, please contact on-site manager Robert at (831) 372-4937. Appliances Included: Stove and Refrigerator. Utilities: Water, Garbage and Sewer included in the rent. Renter's insurance is required. Lease term requirement is 1 Year, application fee is $45 per applicant 18 yrs and older. Agent Information - Jackson Trapin DRE# 2111766 Broker Information: Mangold Property Management, Inc. DRE #01226102
How 501-555 compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 501-555 cost about 2% less than the average rent price for 1-bedroom apartments in Monterey.
| Month | Median Rent |
|---|---|
| June 2024 | $1,473 |
| 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 | $1,442 |
| January 2026 | $1,395 |
| February 2026 | $1,395 |
| March 2026 | $1,420 |
| April 2026 | $1,407 |
| May 2026 | $1,395 |
| June 2026 | $1,395 |
Can I afford to live at 501 Ocean Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$86,000/yr
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