739 W Franklin Street, MONTEREY, CA 93940 (MLS # ML81995607)
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This unique property offers incredible flexibility and opportunity, featuring 2 separate homes on a single lot. Perfect for multi-generational living, investment purposes, or rental potential, this property offers the best of both worlds. The main home boasts 3 spacious bedrooms and 2 bathrooms with approx. 1400 sf, with a large living room with fireplace and dining area that flows effortlessly into a well-appointed kitchen with a laundry room nearby. It has tile floors throughout for easy care. There is some front yard space available to relax and enjoy the sunny location. The second home provides 3 bedrooms and 2 bathrooms with approx.. 1600 sf whether you choose to use it as a guest house, rental unit, or private residence, it offers its own private living space and amenities for comfort and convenience. Both homes enjoy a shared lot with ample outdoor space, including, parking spaces, etc. ensuring plenty of room for everyone. Located in a desirable neighborhood, close to Downtown, schools, parks, shopping, and the wharf. This property offers versatility, potential, and convenience. A rare find!
LAST UPDATED | 4/22/2025 | YEAR BUILT | 1913 |
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GARAGE SPACES | 2.0 | COUNTY | Monterey |
STATUS | Active | PROPERTY TYPE(S) | Single Family |
High School | Monterey High |
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PRICE HISTORY | |
Prior to Apr 22, '25 | $2,295,000 |
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Apr 22, '25 - Today | $1,999,000 |
ADDITIONAL DETAILS | |
APPLIANCES | Cooktop, Dishwasher, Refrigerator |
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GARAGE | Attached Garage, Yes |
HEAT | Fireplace Insert, Forced Air |
LOT | 5998 sq ft |
LOT DESCRIPTION | Level |
LOT DIMENSIONS | 6000.00 |
PARKING | Off Street, Attached |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Traditional |
VIEW | Yes |
VIEW DESCRIPTION | Ocean |
WATER | Public |
ZONING | R2 |
TOTAL MONTHLY PAYMENT

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Based on information from MLSListings MLS as of 5/8/25 9:38 PM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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