***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%… Read More 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. Read Less
Courtesy of New Star Realty Silicon Valley, Annie Youn 408-561-0468
Listing Snapshot
Days Online
9
Last Updated
Property Type
Triplex
Square Ft.
1,693
Lot Size
0.09 Acres
Year Built
1951
MLS Number
ML81990624
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: 4042.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1: approximately 616 square feet, Unit 1 rent: $2,350
Unit Two
1 bedroom in unit 2, Unit 2: approximately 616 square feet, Unit 2 rent: $2,350
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 613 square feet, Unit 3 rent: $1,800
Accessibility Features
Other
Amenities
Walk-in Closet
Building
Built in 1951, 3 building units, 3 buildings, 1,693 structure square feet
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