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$ 3,500,000
Est. payment /mo
Active
116 2nd Street Pacific Grove, CA 93950
4,974 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,974 sqft
Price per Sqft $703
MLS Listing ID ML81991724
HOA Y/N No
Year Built 1972
Lot Size 6,300 Sqft
Acres 0.14
Property Sub-Type Other
Property Description
Nestled in the picturesque city of Pacific Grove, this exceptional six-unit apartment building offers an incredible investment opportunity just steps from the Lover's Point Beach and the renowned Monterey Bay Aquarium. Each unit features 2 bedrooms and 1 bathroom, combining to provide approximately 5,000 square feet of living space on a 6,300-square-foot lot. The kitchens are thoughtfully designed with modern conveniences, ensuring a comfortable living experience. Residents will appreciate the convenience of on-site coin-operated laundry facilities, while the property offers ample parking with six garage spaces. Located within the highly regarded Pacific Grove Unified School District, this property is ideal for tenants seeking quality education for their children and live in a vibrant community. Perfectly positioned within walking distance to the Beaches, Cannery Row, and the Aquarium, this property presents a prime opportunity for investors looking for a potentially lucrative asset in one of California's most sought-after coastal areas.
Location
State CA
County Monterey
Zoning R3
Interior
Interior Features Updated Baths, Updated Kitchen
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher
Laundry Coin Operated
Building
New Construction No
Others
Tax ID 006222004000
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Listed by Edward Lujan • Windermere Valley Properties