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909-276-4477
Integrity Capital
950 Lighthouse Avenue, Pacific Grove, CA 93950
- $2,600,000
- List Price
- $2,600,000
- Status
- ACTIVE
- MLS#
- ML82065741
- Year Built
- 1958
- Lot Size
- 9,100
- Acres
- 0.21
- Days on Market
- 12
- Property Type
- Commercial
Property Description
Exceptional investment opportunity in the highly desirable Pacific Grove market! This impressive property features five beautifully appointed 2-bedroom units, comprised of a fourplex plus a newly added ADU, offering excellent flexibility for investors or owner-occupants. Each unit features amazing finishes, private garages, and large decks, creating an attractive combination of comfort, functionality, and rental appeal. Ideally situated on Lighthouse Avenue just a short walk from Downtown Pacific Grove, the ocean, Pacific Grove Golf Course, the scenic bike path, and more, this property places tenants within easy reach of the best the area has to offer. Capitalize on strong cash-flow potential and long-term appreciation in one of the Monterey Peninsula's most desirable communities, or live in one unit while the remaining four units help carry the expense. With its prime location, versatile unit mix, quality finishes, and proximity to downtown, the coastline, recreation, and local amenities, this is a must-see opportunity in the heart of Pacific Grove.
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Additional Information
- Taxes
- $23,050
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Tar/Gravel
- Water
- Public
- School District
- Other
- Elementary School
- Other
- Middle School
- Pacific Grove
- High School
- Pacific Grove
- Attached Structure
- Detached
- Gross Scheduled Income
- $154,866
Listing courtesy of Listing Agent: The C Group (team@realcgroup.com) from Listing Office: Real Brokerage Technologies.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.