NOT LISTED FOR SALE

1039 Bayview Ave Pacific Grove, CA 93950

4 Beds
3 Baths
2,049 Sq Ft
5,401 Sq Ft Lot

Last Sold January 06, 2020

Last sale price $1,850,000 $903 Per Sq Ft

489 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Detached Garage
  • Tandem Parking
  • Robert Down Elementary School Rated A
  • Entertainment System
  • Forced Air Heating System

About This Home

As of January 2020

Bay View Triplex! Bay views from all 3 units! One of a kind! Pride of Ownership! Totally remodeled in 2014! New tile roof! New Dbl Pn Windows! New plumbing and electrical! All new granite kitchens and marble baths, hardwood floors, custom cabinets and appliances! EVERYTHING! One 2 bedroom 1 bath unit. Two 1 bedroom 1 bath units. 3 single car garages and 1 carport. Great location! Walk to town and the beach! Everything has been done with a custom touch. Live in one unit and rent out the other two. 2 bedroom unit is a short term rental and 2 one bedrooms are 30+ day rental. Income and Expense records available upon request. All three units are furnished with custom furniture, flat screen tv's outside. BBQ off Monarch Suite.

Last Agent to Sell the Property

Stephen Poletti

eXp Realty of California Inc License #00482426 Listed on: 07/03/2018

eXp Realty of California Inc

Last Buyer's Agent

Whiz Lindsey

Sotheby’s International Realty License #01276877

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,401 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 Carport Space
  • Tandem Parking
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,049 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $125,196

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,500
  • Manager Expense $21,000
  • Other Expense $9,565
  • Utility Expense $9,455
  • Operating Expense $53,520
  • Gross Income $125,196

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 65
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2049
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Hood Over Range, Hookups - Gas, Microwave, Oven - Electric, Oven - Self Cleaning, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 2049
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter, Wood Frame
  • Roof: Tile
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Carport, Detached Garage, Gate / Door Opener, On Street, Tandem Parking
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System

Schools

  • School District: Pacific Grove Unified

Lot Info

  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

Rental Info

  • Gross Rent Multiplier: 15.14
  • Number Of Leased: 3

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Expense Insurance: 2500
  • Expense Management: 21000
  • Expenses Other: 9565
  • Expenses Total: 53520
  • Expenses Utility: 9455
  • Income Annual Gross: 125196.00
  • Income Annual Rental: 125196
  • Income Gross Scheduled: 125196
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Cable Tv, Fee - Professional Services, Fee - Property Management, Maintenance, Services - Gardener, Services - Janitor, Services - Sewer, Services - Trash Removal, Telephone, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $1,850,000 -15.7% $903 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
07/03/2018 07/03/18 For Sale $2,195,000 +138.8% $1,071 / Sq Ft
12/20/2013 12/20/13 Sold $919,000 0.0% $444 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
09/25/2013 09/25/13 Off Market $919,000 -- --
09/16/2013 09/16/13 For Sale $999,000 -- $483 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephen Poletti

    eXp Realty of California Inc

    Section Image
  • Whiz Lindsey

    Buyer's Agent in 2020

    Whiz Lindsey

    Sotheby’s International Realty

    (831) 277-1868

    3 in this area

    16 Total Sales

    Section Image

  • C

    Seller's Agent in 2013

    Christine Monteith

    The Jones Group-Coast & Country Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81774390

MLSListings

APN: 006-123-002

California Monterey County Pacific Grove 93950

1039 Bayview Ave, Pacific Grove, CA

This home is located at 1039 Bayview Ave, Pacific Grove, CA 93950 since 03 July 2018. This property was built in 1954. 1039 Bayview Ave is a home located in Monterey County with nearby schools including Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School.

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