410 Pine Avenue, Pacific Grove, CA, CA 93950
- $2,199,000
- 3,528
- SqFt
- List Price
- $2,199,000
- Price Change
- ▼ $50,000 1782647828
- Status
- ACTIVE
- MLS#
- ML82041058
- County
- Monterey
- Year Built
- 1929
- Building Square Feet
- 3,528
- Square Feet
- 3,600
- Days on Market
- 122
- Property Type
- Multifamily
- Style
- English
- Virtual Tour 1
- https://unbranded.youriguide.com/410_pine_ave_pacific_grove_ca/
Property Description
Investor Special | Prime Location Near Downtown Pacific Grove One of the strongest rent rolls for a triplex on the Monterey Peninsula this rare multi-unit property is just blocks from downtown and presents an outstanding opportunity in one of the Monterey Peninsulas most desirable rental markets. With rental income near $11,000/month, it offers strong in-place cash flow with long-term upside. Featuring three separate units, each with private entrance, kitchen, bedrooms, bathroom, laundry, and separate metering ideal for flexible rental strategies and income stability. Interior access between levels adds additional versatility. Recent updates include improvements to the sewer lateral, appliances, flooring, lighting, water softner system, tesla level 2 charger, water heaters. Outdoor spaces with deck, lawn, and entertaining areas further enhance tenant appeal. Minutes from Cannery Row and Monterey Bay Aquarium. Estimated ~5 % cap rate (buyer to verify). Ideal for investors or 1031 exchange buyers seeking a well-located, income-producing coastal asset.
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Additional Information
- Taxes
- $21,276
- Parcel Number
- 006269006000
- Gross Scheduled Income
- $130,800
- Number of Buildings
- 1
- Appliances
- Dishwasher, Disposal, Refrigerator
- Heat
- Central
- Cooling
- Yes
- View
- Bay, City Lights, Water
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Jorge Zamora-guerrero (jorge.zamora-guerrero@exprealty.com) from Listing Office: eXp Realty of Northern California, Inc..
Mortgage Calculator
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.