Under contract

Contingent

150 Lighthouse AVE

PACIFIC GROVE CA, 93950

$1,395,000


$823.98 per sqft

Under contract

Contingent

1,693 sqft

Multi-family

Built in 1951

Listed by New Star Realty Silicon Valley, Annie Youn, Listing Contact: 4085610468

***Welcome to Investors Dream Opportunity: Ocean View Triplex in Pacific Grove! *** This fully occupied triplex in the heart of Pacific Grove offers an exceptional investment opportunity with breathtaking ocean views and an unbeatable location just moments from vibrant shops, renowned restaurants, and the world-famous Monterey Bay Aquarium. With 100% occupancy, the property guarantees immediate rental income, while its prime location enhances its long-term value and appeal. The property boasts beautifully remodeled kitchens and updated upstairs bathrooms, elevating functionality and aesthetics. A coin-operated laundry facility provides added convenience for tenants while generating an additional income stream. For added peace of mind, a French drain has been installed for optimal drainage, and a secure two-car garage offers valuable parking space for tenants. Offered at $1,395,000, this triplex presents a rare opportunity to capitalize on Pacific Grove's thriving rental market, consistent occupancy, and strong income potential. With its stunning ocean views, desirable location, and impressive upgrades, this property is a true gem in one of the Monterey Peninsulas' most sought-after neighborhoods. Act quickly; this opportunity won't last long.

ML81990624

MLS ID

January 27, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Interior Features

Pantry


Appliances

Cooktop, Refrigerator, Oven, Range, Washer


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres


Roof

Composition

School Information

School District

Pacific Grove Unified


High School

Pacific Grove High


Elementary School

Robert Down Elementary

Other Property Details

Area Name

Central Ave/Downtown


Garage

Yes


Garage Spaces

2


Parking

Attached


Parking Total

2


View

Yes


View Description

Ocean


County

Monterey


Water Source

Public


Pool

No


Zoning

R-1

Listing History

Date

Event

Price

2/14/2025

Under contract

Listed by New Star Realty Silicon Valley, Annie Youn,
Listing Contact: 4085610468 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Finkle Team - Maria Finkle | CA DRE# 1981092 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than The Finkle Team - Maria Finkle | CA DRE# 1981092 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 11:51 PM UTC, 2/20/2025

 

 

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