150 Lighthouse Avenue Pending Save Request In-Person Tour Request Virtual Tour
Pacific Grove,CA 93950
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $823
MLS Listing ID ML81990624
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1951
Lot Size 4,042 Sqft
Property Sub-Type Triplex
Property Description
***Welcome to Investors Dream Opportunity: Ocean View Triplex in Pacific Grove! *** This fully occupied triplex in the heart of Pacific Grove offers an exceptional investment opportunity with breathtaking ocean views and an unbeatable location just moments from vibrant shops, renowned restaurants, and the world-famous Monterey Bay Aquarium. With 100% occupancy, the property guarantees immediate rental income, while its prime location enhances its long-term value and appeal. The property boasts beautifully remodeled kitchens and updated upstairs bathrooms, elevating functionality and aesthetics. A coin-operated laundry facility provides added convenience for tenants while generating an additional income stream. For added peace of mind, a French drain has been installed for optimal drainage, and a secure two-car garage offers valuable parking space for tenants. Offered at $1,395,000, this triplex presents a rare opportunity to capitalize on Pacific Grove's thriving rental market, consistent occupancy, and strong income potential. With its stunning ocean views, desirable location, and impressive upgrades, this property is a true gem in one of the Monterey Peninsulas' most sought-after neighborhoods. Act quickly; this opportunity won't last long.
Location
State CA
County Monterey
Interior
Heating Other
Cooling Ceiling Fan(s)
Flooring Hardwood,Tile
Fireplace No
Laundry Coin Operated
Building
Water Public
Schools
School District Pacific Grove Unified,Pacific Grove Unified