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Beverly & Hector Team

team@bh-realtor.com +1(626) 922-9910

$2,199,000

Est. payment - /mo

3,528 SqFt

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,528 sqft

Price per Sqft $623

MLS Listing ID ML82041058

HOA Y/N No

Year Built 1929

Annual Tax Amount $21,276

Lot Size 3,598 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning Multi Family Dwelling

Interior

Heating Central

Cooling None

Flooring Carpet, Laminate, Wood

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

View Y/N Yes

View Bay, City Lights, Water

Roof Type Composition

Building

Story 3

Sewer Public Sewer

Water Public

Architectural Style English

Schools

School District Other

Others

Tax ID 006269006000

Acceptable Financing FHA

Listing Terms FHA

Special Listing Condition Standard

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Listed by Jorge Zamora-guerrero eXp Realty of Northern California, Inc. #02213220

NEARBY SCHOOL & BUSINESS

+1(626) 922-9910

team@bh-realtor.com

1411 S Diamond Bar Blvd, Diamond Bar, CA 91765, USA

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410 Pine AVE Pacific Grove, CA 93950