363 Spencer Street

INITIAL INFO:
Available for viewing on July 1 and for move-in on July 4, 2025.
Please Do Not Disturb Current Tenants

PROPERTY SUMMARY:
Charming 2-Bedroom, 2-Bath Apartment with Scenic Views – Monterey Tri-Plex
Enjoy wonderful views from the second and third floors of this spacious two-bedroom, two-bath unit in a well-maintained tri-plex located in beautiful Monterey. Just minutes from the beach, the wharf, the recreation trail, and historic Cannery Row, this home offers the perfect combination of convenience and coastal living.
Features include: Comfortable carpeted flooring, essential kitchen appliances, window coverings for privacy and comfort.
Don’t miss out on this opportunity to live in one of Monterey’s most desirable areas!
Month-to-month rental agreement

SUMMARY:
• Three-story home
• Two (2) bedrooms
• Two (2) bathrooms
• Square Footage: 1,075 square feet
• No Pet Property
• All service animals & ESAs welcome, when validated through Petscreening.com
• Stackable washer & dryer in home
• Utilities not included, except for trash and sewer services
• Parking for one car is allowed in the spot closest to the street

APPLICATION REQUIREMENTS
• Application required from each applicant 18+ years old.
• Excellent credit required of each applicant.
• All pets and ESAs to be screened at https://www.monterey.petscreening.com/
• Meet company qualifying requirements.
• Able to take possession of property within 30 days of availability date.
• 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).

FEES AND INITIAL PAYMENTS
•$3,000 First month's Rent . Due at signing.
•$3,000 Security Deposit. Due at signing
• Application: $59/adult.
•$200 Document Preparation Fee. Due at signing

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, and first qualified basis.

Please be aware that Monterey Bay Property Management (a/k/a MontereyRentals.com) is a licensed real estate brokerage and does not advertise on Facebook Marketplace or Craigslist. We will never ask for Venmo, Zelle, CashApp, or PayPal to collect funds. If you suspect an ad has been posted by someone impersonating us or a property owner for whom we manage, please email us the information. If you believe one of our properties has been listed by a scammer, please email us the address and a link to the ad at info@MontereyRentals.com. Your security is important to us.

AGENT INFO
- Name: Matt Collins
- Phone: 831-655-7851
- Email: matt@montereyrentals.com
- CalDRE #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.