$1,750,000
$2,250,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,493 SqFt
SOLD DATE : 02/19/2025
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,493 sqft
Price per Sqft $701
MLS Listing ID ML81974910
Sold Date 02/19/25
Bedrooms 5
Full Baths 3
Originating Board MLSListings, Inc.
Year Built 1950
Lot Size 5,200 Sqft
Property Sub-Type Triplex
Property Description
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 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!
Location
State CA
County Monterey
Area Forest Ave/Pine Ave
Zoning R4
Rooms
Kitchen Cooktop - Electric, Cooktop - Gas, Countertop - Laminate, Countertop - Solid Surface / Corian, Dishwasher, Refrigerator, Varies by Unit
Interior
Heating Fireplace , Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Hardwood, Vinyl / Linoleum
Exterior
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Individual Electric Meters, Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab, Concrete Slab, Crawl Space
Sewer Sewer - Public
Water Public
Others
Tax ID 006-547-011-000
Special Listing Condition Not Applicable
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Bought with Patrick John McEldowney • M480
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "