A rare opportunity to own a 12-unit complex located in the iconic waterfront city of Pacific Grove. This trophy property provides investors an asset with tremendous presence, character, and scale in the city's most dynamic location. Strategically located in a popular coastal town known for its vibrant tourism and strong… Read More rental market, this property is an attractive opportunity for investors seeking both immediate returns and long-term growth. Luxury coastal living with a highly walkable and accessible location close to beaches, recreation trails, everyday shopping, casual restaurants, and world class attractions Unit amenities include hardwood floors, high ceilings, and spacious floor plans. Unique architectural design, provides large windows allowing plenty of natural light, spacious closets, and efficient layouts. Attractive to long-term tenants, residents can enjoy incredible access to neighborhood amenities and transportation. Property within walking distance to the Pacific Grove Unified School District (Pacific Grove High School, Pacific Grove Middle School, Robert Down Elementary School, and Forest Grove Elementary School). Investors seeking a product and location that is irreplaceable, with value-add potential, will strongly consider this once in a lifetime investment. Read Less
Courtesy of Coast Realty and Property Management, Marielena Carriglio 831-915-4675
Listing Snapshot
Days Online
24
Last Updated
Property Type
Five Or More Units
Square Ft.
7,234
Lot Size
0.18 Acres
Year Built
1941
MLS Number
ML82002686
30 Days Snapshot Of 93950
$1.49M
-6%
(avg) sold price
11
-21%
homes sold
47
+123%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 7680.00, Max Area Units: Square Feet, Lot is 0.1763085399449 acres
Accessibility Features
None
Amenities
Misc. amenities: High Ceiling, Walk-in Closet
Unit One
Rent: $2,200, 1 bedroom
Unit Two
Rent: $2,400, bedrooms: 2
Building
7,234 structure square feet, Age: 84, Built in 1941, 2 buildings, 12 minimum units in complex
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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