504 Ocean AVE 4MONTEREY, CA 93940

Condo/Townhouse · 2 Beds · 1 Full Bath · 1 Half Bath · 1,185 Sq. ft.
$815,000 Active

504 Ocean AVE 4 Overview

Time on Site:
116 days
Visits:
0

Welcome to 504 Ocean Avenue #4, a well-positioned 2-bedroom, 1.5-bath townhome offering 1,185 square feet in Montereys desirable sunbelt where lifestyle and location come together. What truly sets this unit apart is its walkable, coastal lifestyle. Just steps away, you'll find a beloved local market & deli, and within minutes you can access the Monterey Peninsula Recreation Trail connecting you to the coastline, downtown Monterey, Pacific Grove -stroll all the way to Asilomar! Whether its morning coffee, an afternoon bike ride, or a sunset by the water, everything is right outside your door. Inside, the main level features an open floorplan with recessed lighting, a dining area, and a spacious living room with a fireplace & 3 private balconies -perfect for sunny coastal afternoons. The updated kitchen includes granite countertops, natural wood cabinetry, and a full suite of appliances. Upstairs, both bedrooms are generously sized, including one with its own private balcony. A full bathroom & upstairs in-unit laundry add everyday convenience. Additional highlights include covered parking and a spacious storage area. With its location, layout, & proximity to Montereys best amenities, this home represents one of the most compelling values for a townhome under $1M in todays market.

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504 Ocean AVE 4 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,185
  • Price/Sq.ft. $688

Details

General

Association/HOA

  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Exterior Painting,Garbage,Insurance - Common Area,Insurance - Structure,Landscaping / Gardening,Management Fee,Reserves,Roof,Other
  • Association Name: Elemental Association Management
  • Association: 1

School Information

  • School District: Monterey Peninsula Unified

Green Features

  • Green Energy Efficient: Thermostat Controller

Building Information

  • Year Built: 1981

Location/Region

  • County Or Parish: Monterey
  • MLS Area Major: Oak Grove

General Information

  • Parcel Number: 001-842-019-000
  • Property Type: Residential
  • Zoning: R1

Interior

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bedrooms Total: 2

General Information

  • Cooling: None
  • Fireplace Features: Gas Starter,Living Room
  • Fireplace: 1
  • Flooring: Carpet,Tile
  • Foundation Details: Post and Pier,Other
  • Heating: Central Forced Air
  • Laundry Features: Upper Floor,Washer / Dryer
  • Living Area: 1185
  • Stories Total: 2

Unit Information

  • Unit Number: 4

Exterior

Parking Information

  • Parking Features: Assigned Spaces,Covered Parking,Off-Street Parking

Lot Information

  • Lot Size Source: Other
  • Water Source: Public

Building Exterior/Construction

  • Roof: Tar and Gravel

General Information

  • Horse: No
  • Pool Private: 0
  • Sewer: Sewer - Public
  • Utilities: Public Utilities

504 Ocean AVE 4 Neighborhood

Community

93940 (MONTEREY) Demographics

39
Median Age
1,538
Population Density (per sq. mile)
64%
College Educated
$85,765
Estimated Median Income
5,543
Estimated Total Home Owners
8,404
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

504 Ocean AVE 4 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

504 Ocean AVE 4 Market Data

Based on the last 30 days in this zip code

$1,544,316
Average List Price
$788
Average Price per Square Foot
43
Properties Sold
97
Average Days on Market
302
Properties for Sale
Calculations provided by Reliance Network

504 Ocean AVE 4 History

Date Event Value Agent
6/19/2026Source: CRMLS Price Reduction
$815,000 -1.2%
6/19/2026Source: bridgeMLS Price Reduction
$815,000 -1.2%
6/19/2026Source: MLSListings Price Reduction
$815,000 -1.2%
3/6/2026Source: CRMLS Added to Database
March 06, 2026
3/6/2026Source: bridgeMLS Added to Database
March 06, 2026
3/6/2026Source: MLSListings Added to Database
March 06, 2026
Listing provided courtesy of Wayland Properties, Inc.Ashley Wayland- MLS# ML82037502MLS ProviderContact Information: (831) 884-5603