514 7th Street, Pacific Grove, CA, CA 93950

$1,595,000
1,842
SqFt

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List Price
$1,595,000
Status
ACTIVE
MLS#
ML82052002
County
Monterey
Year Built
1961
Building Square Feet
1,842
Square Feet
4,800
Days on Market
37
Property Type
Multifamily
Style
Traditional
Virtual Tour 1
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Property Description

Rare Pacific Grove Duplex Opportunity! Ideally located just moments from vibrant downtown Pacific Grove, neighborhood cafes, coastal trails, and Lover's Point, this well-maintained duplex offers an exceptional opportunity for both investors and owner-occupants. Each unit features approximately mirrored floor plans with 2 bedrooms, 1 bathroom, a private 1-car garage, and washer/dryer hookups. One unit is currently occupied, providing immediate income, while the second unit is vacant and ready for occupancy or market-rate rental potential. The bright and inviting interiors offer vaulted ceilings, spacious living areas, and abundant natural light. Each residence enjoys its own private, sunny patio - great for outdoor dining, gardening, or relaxing in Pacific Grove's ideal coastal climate. Conveniently located near Robert Down Elementary School, neighborhood parks, shopping, dining, and the scenic Monterey Bay Coastal Trail. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or secure a desirable property in one of the Monterey Peninsula's most sought-after communities, this duplex presents a compelling opportunity.

Additional Information

Taxes
$18,343
Parcel Number
006506007000
Gross Scheduled Income
$66,980
Number of Buildings
1
Lot Features
Level
Appliances
Dishwasher, Microwave, Refrigerator, Range Hood
Heat
Wood Stove
Cooling
Yes
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Other

Listing courtesy of Listing Agent: The Bluhm Team (bill.bluhm@sothebys.realty) from Listing Office: Sotheby's International Realty.

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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.