150 Lighthouse AVE, Pacific Grove, CA 93950 - MLS#ML81990624

April Tavares

Senior Sales Associate | License ID: DRE 01742179

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Listed by Annie Youn • New Star Realty Silicon Valley
Bought with Brian Brunetti • Sotheby's International Realty

$ 1,395,000

Est. payment | -/mo

4 Beds

3 Baths

1,693 SqFt

$ 1,395,000

Est. payment | -/mo

4 Beds

3 Baths

1,693 SqFt

Key Details

Sold Price $1,395,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,693 sqft

Price per Sqft $823

MLS Listing ID ML81990624

Bedrooms 4

Full Baths 3

Year Built 1951

Lot Size 4,042 Sqft

Property Sub-Type Triplex

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 Central Ave/Downtown

Zoning R-1

Rooms

Kitchen Cooktop - Gas, Countertop - Granite, Countertop - Synthetic, Exhaust Fan, Hood Over Range, Oven - Built-In, Pantry Cabinet, Refrigerator, Other

Interior

Heating Wall Furnace , Other

Cooling Ceiling Fan

Flooring Hardwood, Tile, Other

Laundry Coin Operated, Washer / Dryer

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Utilities Available Public Utilities

View Ocean

Roof Type Composition

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Public

Others

Special Listing Condition Not Applicable

+1(408) 309-5471

april@apriltavares.com

19990 Stevens Creek Blvd. # 100, Cupertino, CA, 95014, United States

150 Lighthouse AVE Pacific Grove, CA 93950

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Key Details

Location

Rooms

Interior

Exterior

Building

Others

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150 Lighthouse AVE