***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.
Property Details
Price:
$1,395,000
MLS #:
ML81990624
Status:
Active
Baths:
0
Address:
150 Lighthouse Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Pacific Grove
Listed Date:
Jan 27, 2025
State:
CA
ZIP:
93950
Lot Size:
4,042 sqft / 0.09 acres (approx)
Year Built:
1951
See this Listing
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Schools
Interior
Accessibility Features
Other
Appliances
Gas Cooktop, Vented Exhaust Fan, Range Hood, Refrigerator
Flooring
Wood, Tile
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter
Garage Spaces
2.00
Parking Spots
2.00
Roof
Composition
Stories Total
2
View
Ocean
Water Source
Public
Financial
Taxes
$11,000
Map
Community
- Address150 Lighthouse Avenue Pacific Grove CA
- Area699 – Not Defined
- CityPacific Grove
- CountyMonterey
- Zip Code93950
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150 Lighthouse Avenue
Pacific Grove, CA
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