116 2nd ST Active Save Request In-Person Tour Request Virtual Tour
Pacific Grove,CA 93950
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,974 sqft
Price per Sqft $703
MLS Listing ID ML81991724
Bedrooms 8
Full Baths 5
Year Built 1972
Lot Size 6,300 Sqft
Property Sub-Type Five or More Units
Property Description
Nestled in the picturesque city of Pacific Grove, this exceptional six-unit apartment building offers an incredible investment opportunity just steps from the Lover's Point Beach and the renowned Monterey Bay Aquarium. Each unit features 2 bedrooms and 1 bathroom, combining to provide approximately 5,000 square feet of living space on a 6,300-square-foot lot. The kitchens are thoughtfully designed with modern conveniences, ensuring a comfortable living experience. Residents will appreciate the convenience of on-site coin-operated laundry facilities, while the property offers ample parking with six garage spaces. Located within the highly regarded Pacific Grove Unified School District, this property is ideal for tenants seeking quality education for their children and live in a vibrant community. Perfectly positioned within walking distance to the Beaches, Cannery Row, and the Aquarium, this property presents a prime opportunity for investors looking for a potentially lucrative asset in one of California's most sought-after coastal areas.
Location
State CA
County Monterey
Area Central Ave/Downtown
Zoning R3
Rooms
Kitchen Dishwasher,Garbage Disposal,Hood Over Range,Microwave
Interior
Heating Forced Air
Cooling None
Flooring Carpet,Laminate,Tile
Laundry Coin Operated
Exterior
Exterior Feature Balcony / Patio
Parking Features Attached Garage
Garage Spaces 6.0
Community Features None
Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities
View Ocean
Roof Type Composition
Building
Lot Description Grade - Gently Sloped,Grade - Side Slope
Foundation Concrete Slab,Wood Frame
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 006-222-004-000
Security Features None
Special Listing Condition Not Applicable