950 Lighthouse AvenuePacific Grove, CA 93950
Monterey County
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.
Property Information
- Property type
- Commercial Sale
- Year built
- 1958
- Building area
- 3,552 Sq Ft
- Lot size
- 0.21 acres
- Zoning
- R3
- Days on market
- 19
- MLS® Listing#
- ML82065741
Property Features
- Cooling
- None
- Heating
- Forced Air
- Roof
- Tar/Gravel
- Water source
- Public
Schools
- Elementary
- Other
- Middle
- Pacific Grove
- High
- Pacific Grove
Financial Details
- Annual taxes
- $23,050
- Parcel number
- 006134014000
Open Houses
- 1:00–3:00 PMAdd to calendar
- 12:00–3:00 PMAdd to calendar
Listing Courtesy: Real Brokerage Technologies - 6196638680
Presented by: The C Group
Licensed in the state of California.
