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$ 3,500,000
Est. payment | /mo
6,298 Sqft Lot
$ 3,500,000
Est. payment | /mo
6,298 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81991724
HOA Y/N No
Year Built 1972
Annual Tax Amount $10,682
Lot Size 6,298 Sqft
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
Area 699 - Not Defined
Zoning R3
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 6
Schools
School District Other
Others
Tax ID 006222004000
Special Listing Condition Standard
Listed by Edward Lujan • Vargestate Inc.
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Justin Bonney
Broker, Realtor® | Lic# 01338897
15233 Ventura Boulevard Suite 500 Sherman Oaks, CA 91403