650 Spencer St, Monterey, CA 93940

Coming Soon!

Charming and updated 1-bedroom, 1-bath home featuring an open-concept layout filled with natural light. The spacious living and dining area offers... wood-look laminate flooring, while the modern kitchen boasts stainless steel appliances including a 5-burner gas cooktop, oven, dishwasher, new refrigerator, microwave, and disposal, along with granite countertops and a decorative tile backsplash. The generous primary bedroom enjoys bay views, as does the impressive tiled bathroom, which is accessed through a stylish barn door. Washer and dryer with a laundry folding table are located in a large under-the-house storage area accessed by stairway. Off-street parking is available for two vehicles; garage is not included. Ideally located close to Cannery Row, The Wharf, and other local attractions. Tenant pays water, gas, electricity, and trash; sewer and gardener are included in the rent. One small dog may be negotiable on a case-by-case basis.

Summary:
• One (1) bedroom
• One (1) bathroom
• Square footage: 1,000
• All service animals and ESAs welcome, when validated and approved through
• Floor plan type: single story
• Utilities not included. Tenant is responsible for trash, gas, electric & water

This property is being offered for rent by Monterey Bay Property Management and will be fully managed by the property owner following tenant acceptance and placement.

APPLICATION REQUIREMENTS:
• Application required from each applicant 18+ years old.
• Excellent credit required of each applicant.
• All pets and ESAs to be screened at
• Meet company qualifying requirements.
• Able to take possession of property within 15 days of availability date. (number of days not mandated)
• Must have excellent credit, employment and rental history background.
• Favorable responses from references.
• Evidence that applicant has the financial ability to pay the rent along with their other obligations.
• Proof of income showing a rent to income ratio of 3 to 1 in the form of pay stubs, W-2 form, tax returns, bank statements, LES, or other documents.
• Fully completed application from each applicant. We are unable to process applications if information is missing or if not all applicants/guarantors have applied. Incorrect/misinformation/missing information may delay the processing of your application or may disqualify you as a prospective renter.
All verifiable sources of income will be considered. Pursuant to Cal. Govt. Code §12955(o), for applicants with rental vouchers or subsidies, the income threshold will be calculated based on the amount of rent that will be paid by the tenant (not the entire rent amount).

Rent: $2,995
Security Deposit: $2,995
Application fee: $59 per applicant
Document Preparation Fee: $200

UPON APPROVAL:
• Proof of renter’s insurance (minimum $100,000 liability and $25,000 contents coverage) with landlord named as additional insured (note that the cost of this coverage is approximately $250 per year) is required of all residents. Renter’s insurance Declaration Page to be submitted in conjunction with signing the rental agreement.

We operate on a first come, first served, & first qualified basis. Incomplete applications will be placed at the bottom of the queue.

Property Manager:
Matt Collins


DRE #01891198

Monterey Bay Property Management provides housing opportunities without regard to the perception that one is from a protected class or is associated with one from a protected class, or any classification protected by applicable federal, state or local law, or any other arbitrary reason. Read More