$3,500,000

116 2nd Street, Pacific Grove, CA 93950

  • 4,974 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $704/sqft
  • Property List Date Icon Listed 10 months ago

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.

Listing Status:
Active
Date Added:
January 24, 2025 at 06:00AM
Listing Office:
Windermere Valley Properties : 800-553-2131
Listing Agent:
Edward Lujan : 408-767-8998
MLS ID:
ML81991724
  • General: Updated BathsUpdated Kitchen
  • Appliances: Dishwasher
  • Laundry: Coin Operated
  • Flooring: LaminateTile
  • A/C: None
  • Heating: Forced Air
  • Parking: Attached
  • Roofing: Shingle
  • County: Monterey
  • Zoning: R3006222004000

This listing courtesy of Edward Lujan, Windermere Valley Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert Down Elementary School

485 Pine Ave, Pacific Grove, CA, 93950

Grades KG-5

0.51 miles away

P

Pacific Grove Middle School

835 Forest Ave, Pacific Grove, CA, 93950

Grades 6-8

0.78 miles away

P

Pacific Grove High School

615 Sunset Dr, Pacific Grove, CA, 93950

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.