150 Lighthouse AVE Open House Save Request In-Person Tour Request Virtual Tour
Pacific Grove,CA 93950
OPEN HOUSE
Sat Feb 01, 12:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $823
MLS Listing ID ML81990624
Bedrooms 4
Full Baths 3
Year Built 1951
Lot Size 4,042 Sqft
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
Area Central Ave/Downtown
Zoning R-1
Rooms
Kitchen Cooktop - Gas,Countertop - Granite,Countertop - Synthetic,Exhaust Fan,Hood Over Range,Oven - Built-In,Pantry Cabinet,Refrigerator,Other
Interior
Heating Wall Furnace ,Other
Cooling Ceiling Fan
Flooring Hardwood,Tile,Other
Laundry Coin Operated,Washer / Dryer
Exterior
Parking Features Attached Garage
Garage Spaces 2.0
Utilities Available Public Utilities
View Ocean
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Special Listing Condition Not Applicable