Seller's Agent in 2025
Annie Youn
New Star Realty Silicon Valley
(408) 561-0468
1 in this area
73 Total Sales
150 Lighthouse Ave Pacific Grove, CA 93950
4
Beds
3
Baths
1,693
Sq Ft
4,042
Sq Ft Lot
Highlights
- Ocean View
- Wood Flooring
- 2 Car Attached Garage
- Robert Down Elementary School Rated A
- Granite Countertops
- Walk-In Closet
About This Home
As of March 2025***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.
Last Agent to Sell the Property
New Star Realty Silicon Valley License #01771631 Listed on: 01/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- 1951
Lot Details
- 4,042 Sq Ft Lot
Parking
- 2 Car Attached Garage
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- Walk-In Closet
- 1,693 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Ocean Views
- Washer and Dryer
Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Granite Countertops
Flooring
- Wood
- Tile
Utilities
- Wall Furnace
- Vented Exhaust Fan
Listing and Financial Details
- Total Actual Rent $79,200
- Renewal Option
Community Details
Building Details
- 3 Leased Units
- Gardener Expense $2,400
- Insurance Expense $2,200
- Maintenance Expense $800
- Manager Expense $200
- Other Expense $3,000
- Operating Expense $19,600
- Gross Income $79,596
Additional Features
- 1,693 Sq Ft Building
- Coin Laundry
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $1,395,000 | 0.0% | $824 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 01/27/2025 01/27/25 | For Sale | $1,395,000 | -- | $824 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Agents Affiliated with this Home
-
Annie Youn
-
Brian Brunetti
Buyer's Agent in 2025
Brian Brunetti
Sotheby’s International Realty
(831) 239-9890
1 in this area
43 Total Sales
Map
Source: MLSListings
MLS Number: ML81990624
APN: 006-239-012
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