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
HOA Y/N No
Year Built 1951
Annual Tax Amount $11,000
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 699 - Not Defined
Zoning R-1
Interior
Heating Wall Furnace
Flooring Tile,Wood
Fireplace No
Appliance Gas Cooktop,Refrigerator,Range Hood,Vented Exhaust Fan
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N Yes
View Ocean
Roof Type Composition
Accessibility Other
Total Parking Spaces 2
Building
Story 2
Foundation Concrete Perimeter
Water Public
Schools
Elementary Schools Other
Middle Schools Pacific Grove
High Schools Pacific Grove
School District Other
Others
Tax ID 006239012000
Special Listing Condition Standard