Seller's Agent in 2025
Annie Youn
New Star Realty Silicon Valley
(408) 561-0468
68 Total Sales
150 Lighthouse Ave Pacific Grove, CA 93950
Pacific Grove Area
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2025
Closed on
Mar 12, 2025
Sold by
Bought by
Seller's Agent
Annie Youn
New Star Realty Silicon Valley
Buyer's Agent
Brian Brunetti
Sotheby’s International Realty
List Price
$1,395,000
Sold Price
$1,395,000
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,750
Interest Rate
0.0689%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2023
Sold by
Bought by
Purchase Details
Closed on
Apr 10, 2021
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 2021
Sold by
Bought by
Purchase Details
Closed on
Oct 7, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0408%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 6, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0408%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 2, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
0.0587%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 3, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
0.0462%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,395,000 | First American Title | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | First American Title Company | ||
| $785,000 | First American Title Company | ||
| $895,000 | Chicago Title | ||
| -- | Chicago Title | ||
| -- | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $906,750 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $645,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $468,750 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $150,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,929 | $944,942 | $600,920 | $344,022 |
| 2024 | $9,929 | $924,944 | $589,138 | $335,806 |
| 2023 | $10,083 | $906,809 | $577,587 | $329,222 |
| 2022 | $9,880 | $889,029 | $566,262 | $322,767 |
| 2021 | $9,830 | $871,598 | $555,159 | $316,439 |
| 2020 | $9,633 | $864,162 | $549,467 | $314,695 |
| 2019 | $9,329 | $847,248 | $538,694 | $308,554 |
| 2018 | $9,145 | $830,666 | $528,132 | $302,534 |
| 2017 | $8,998 | $814,409 | $517,777 | $296,632 |
| 2016 | $9,020 | $798,471 | $507,625 | $290,846 |
| 2015 | $8,875 | $786,500 | $500,000 | $286,500 |
| 2014 | $7,919 | $701,500 | $400,000 | $301,500 |
Source: Public Records
Agents Affiliated with this Home
-
Annie Youn
-
Brian Brunetti
Buyer's Agent in 2025
Brian Brunetti
Sotheby’s International Realty
(831) 239-9890
38 Total Sales
Map
Source: MLSListings
MLS Number: ML81990624
APN: 006-239-012
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