$3,500,000
( $703.66Per Sq Foot )
 $18,789 est/mo Sourced by Back At You

116 2nd Street , Pacific Grove, CA 93950

Pacific Grove, CA 93950

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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.

Details

MLS#ML81991724
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site84
Listing Provided ByVargestate Inc. 800-553-2131 | Edward Lujan

Features

SQ Feet4,974
Building(s)1
ZoningR3
Acreage0.14

Market Activity 93950

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
Listing VS Median (In 93950)
Price:
$3,500,000
low | high
Med:
$1,445,000
100% of Average
SqFt:
4,974
low | high
Med:
2,369
100% of Average
$ / SqFt:
$704
low | high
Med:
$610
63.315684737382% of Average
On site:
84
low | high
Med:
28.000000
100% of Average
Sourced by Back At You
Listing Updated: April 15, 2025 at 4:44:37 PM PDT