Active

116 2nd ST

PACIFIC GROVE CA, 93950

$3,500,000


$703.66 per sqft

Active

4,974 sqft

Multi-family

Built in 1972

Listed by Vargestate Inc., Edward Lujan, Listing Contact: 4087678998

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.

ML81991724

MLS ID

January 24, 2025

Listed

February 20, 2025

Updated

Interior Features

Appliances

Dishwasher, Microwave, Range, Disposal


Floor Description

Laminate, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Sloped


Roof

Composition

School Information

School District

Pacific Grove Unified

Other Property Details

Area Name

Central Ave/Downtown


Garage

Yes


Garage Spaces

6


Parking

Attached


Parking Total

6


View

Yes


View Description

Ocean


County

Monterey


Pool

No


Zoning

R3

Listed by Vargestate Inc., Edward Lujan,
Listing Contact: 4087678998 

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 Tim Allen 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 Tim Allen 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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