Under contract
Contingent
150 Lighthouse AVE
PACIFIC GROVE CA, 93950
$1,395,000
$823.98 per sqft
Under contract
Contingent
1,693 sqft
Multi-family
Built in 1951
Listed by New Star Realty Silicon Valley, Annie Youn, Listing Contact: 4085610468
***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.
ML81990624
MLSⓇ ID
January 27, 2025
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
Interior Features
Pantry
Appliances
Cooktop, Refrigerator, Oven, Range, Washer
Floor Description
Hardwood, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
Roof
Composition
School Information
School District
Pacific Grove Unified
High School
Pacific Grove High
Elementary School
Robert Down Elementary
Other Property Details
Area Name
Central Ave/Downtown
Garage
Yes
Garage Spaces
2
Parking
Attached
Parking Total
2
View
Yes
View Description
Ocean
County
Monterey
Water Source
Public
Pool
No
Zoning
R-1
Listing History
Date | Event | Price |
---|---|---|
2/14/2025 | Under contract | — |
Listed by New Star Realty Silicon Valley, Annie Youn,
Listing Contact: 4085610468
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Data last updated 11:51 PM UTC, 2/20/2025