Charming multi-unit property in Pacific Grove, the last hometown. Discover a unique investment opportunity in one of the most picturesque locations on the California coast. This well-maintained multi-unit property offers the perfect blend of beachside living and rental income potential. Features: Location: Just a short stroll from the beach in… Read More the desirable Pacific Grove area. Units: 3 separate units providing versatile living and rental options. Unit 1: Spacious 2-bedroom, 1-bathroom ideal for living comfortably while enjoying coastal views. Unit 2: Cozy 2-bedroom, 1-bathroom perfect for generating rental income. Unit 3: Charming 1-bedroom, 1-bathroom another excellent source of rental income. Highlights: Income Potential: Live in one unit and rent out the other two to maximize your investment. Investment Opportunity: Multi use, residential/commercial opportunities . Reason to Love : Pacific Grove is known for its serene environment, charming neighborhoods, and close-knit community. This property offers a unique chance to experience all the perks of coastal living while leveraging rental income to offset your living expenses. Enjoy the convenience of walking a few blocks to the beautiful Pacific Grove coastline. Send us an offer! Read Less
Courtesy of Century 21 Showcase Realtors, Patrick John McEldowney 831-869-8153
Listing Snapshot
Days Online
190
Last Updated
Property Type
Triplex
Square Ft.
2,493
Lot Size
0.12 Acres
Year Built
1950
MLS Number
ML81974910
30 Days Snapshot Of 93950
$1,543k
-8%
(avg) sold price
14
+133%
homes sold
48
+71%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5200.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 900 square feet, Unit 1 rent: $4,000
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 900 square feet, Unit 2 rent: $3,300
Unit Three
1 bedroom in unit 3, Unit 3: approximately 700 square feet, Unit 3 rent: $3,100
Accessibility Features
Parking
Amenities
Skylight
Building
Built in 1950, 3 building units, 2 buildings, 2,493 structure square feet
Roof
Composition
Utilities
Individual Electric Meters, Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Fireplace, Gas, Wall Furnace
Cooling
Ceiling Fan
Floors
Hardwood, Vinyl / Linoleum
Foundation
Concrete Perimeter and Slab, Concrete Slab, Crawl Space
Kitchen
Cooktop - Electric, Cooktop - Gas, Countertop - Laminate, Countertop - Solid Surface / Corian, Dishwasher, Refrigerator, Varies by Unit
Water Features
Public
Garage
3 garage spaces
Parking
1 parking space
Miscellaneous
Vacancy factor: 3
Tenant Pays
None
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