Property Details
About this Property
***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.
MLS Listing Information
MLS #
ML81990624
MLS Source
MLSListings, Inc.
Interior Features
Kitchen
Countertop - Granite, Countertop - Synthetic, Exhaust Fan, Pantry Cabinet
Appliances
Cooktop - Gas, Exhaust Fan, Hood Over Range, Other, Oven - Built-In, Refrigerator, Washer/Dryer
Flooring
Hardwood, Other, Tile
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Other, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage: 2 Car(s)
Elementary District
Pacific Grove Unified
High School District
Pacific Grove Unified
Water
Public
Zoning
R-1
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 616 | 1 | 1/0 | $2,350 |
| 2 | 616 | 1 | 1/0 | $2,350 |
| 3 | 613 | 2 | 1/0 | $1,800 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
150 Lighthouse Ave is a Triplex in Pacific Grove, CA 93950. This 1,693 square foot property sits on a 4,042 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,395,000 and was built in 1951. This address can also be written as 150 Lighthouse Ave, Pacific Grove, CA 93950.
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This listing information is up-to-date as of March 20, 2025. For the most current information, please contact Annie Youn, (408) 561-0468
