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Rachel Sampson

rachelrealtor415@gmail.com +1(831) 402-2852

Listed by The C Group • Real Brokerage Technologies, DRE#70010221

$ 2,600,000

Est. payment | -/mo

3 Beds

2 Baths

3,552 SqFt

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$ 2,600,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

3,552 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $731

MLS Listing ID ML82065741

Bedrooms 3

Full Baths 2

Year Built 1958

Lot Size 9,100 Sqft

Property Sub-Type Five or More Units

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.

Location

State CA

County Monterey

Area Beach Tract/Fairway Homes

Zoning R3

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Attached Garage

Garage Spaces 4.0

Utilities Available Public Utilities

Roof Type Tar and Gravel

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 006-134-014-000

Security Features Other

Special Listing Condition Not Applicable

Virtual Tour https://my.matterport.com/show/?m=bQtYRiZEpei

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Rachel Sampson

REALTOR® Lic# DRE# 02090551

rachelrealtor415@gmail.com

+1(831) 402-2852

8383 Wilshire Blvd,Ste 800, Beverly Hills, CA

950 Lighthouse AVE Pacific Grove, CA 93950

Rachel Sampson

Key Details

Location

Interior

Exterior

Building

Others

950 Lighthouse AVE