$ 2,399,000
-
$2,399,000
Price -
7
Bed -
0
Bath -
3,528
SqFt
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About the Listing ML5099696 - ML5103920
Investor Special | Prime Location Near Downtown Pacific Grove One of the strongest rent rolls for a triplex on the Monterey Peninsula this rare multi-unit property is just blocks from downtown and presents an outstanding opportunity in one of the Monterey Peninsulas most desirable rental markets. With rental income near $11,000/month, it offers strong in-place cash flow with long-term upside. Featuring three separate units, each with private entrance, kitchen, bedrooms, bathroom, laundry, and separate metering ideal for flexible rental strategies and income stability. Interior access between levels adds additional versatility. Recent updates include improvements to the sewer lateral, appliances, flooring, lighting, water softner system, tesla level 2 charger, water heaters. Outdoor spaces with deck, lawn, and entertaining areas further enhance tenant appeal. Minutes from Cannery Row and Monterey Bay Aquarium. Estimated ~5 % cap rate (buyer to verify). Ideal for investors or 1031 exchange buyers seeking a well-located, income-producing coastal asset.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
ML82041058
Year Built
1929
Total Square Footage
3,528
Lot/Acreage
0.08
Interior Details
- Bedrooms: 7
- Bathrooms: 0 Full
- Appliances: Dishwasher, Disposal, Refrigerator
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor: Carpet,Laminate,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: Multi Family Dwelling
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $21,276
- Taxes w/Assessments: N/A
- Tax/Property ID: 006269006000
- Tax Year: N/A
Payment Calculator
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Questions About..
410 Pine Ave Pacific Grove, CA 93950
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