410 Pine AVE, Pacific Grove, CA 93950
- $2,199,000
- 7
- BD
- 3,528
- SqFt
Listed by Jorge Zamora-guerrero, 831-713-7254 from eXp Realty of Northern California, Inc.
(If provided) CoList: from
- List Price
- $2,199,000
- Price Change
- ▼ $50,000 1782630762
- MLS#
- ML82041058
- Status
- ACTIVE
- Zoning
- Multi Family Dwelling
- Sqft. of Residence
- 3,528
- Lot Size
- 3,600
- Listing Area
- Forest Ave/Pine Ave
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.
Additional Information
- Amenities
- Walk-in Closet, Wet Bar
- Cooling System
- None
- Floor Covering
- Carpet, Hardwood, Laminate
- Foundation
- Concrete Perimeter and Slab, Crawl Space
- Garage Parking
- On Street
- Heating System
- Central Forced Air
- Laundry Facilities
- Washer / Dryer
- Living Area
- 3,528
- Lot Description
- Grade - Mostly Level
- Lot Size
- 3,600
- Neighborhood
- Forest Ave/Pine Ave
- Other Rooms
- Basement - Finished, Office Area, Storage
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Style
- English
- View
- Bay View, View of City Lights, Water
- Zoning
- Multi Family Dwelling
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