Pacific Grove, CA 93950 116 2nd ST

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Presented By: Edward Lujan with Windermere Valley Properties - 408-767-8998
  • MLSListings - 40 - CA
  • MLS# ML81991724
  • 01/25/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • SQFT • 4,974

Home Details

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.
Presented By: Edward Lujan with Windermere Valley Properties - 408-767-8998

Interior Features for 116 2nd ST

Bedrooms

Unit 2 Number of Bedrooms2

Kitchen

KitchenDishwasher, Garbage Disposal, Hood Over Range, Microwave

Other Interior Features

Unit 1 Rent2100
Unit 2 Approx Square Footage850
Unit 3 Approx Square Footage900
Living SqFt4974
Unit 4 Approx Square Footage750
FlooringCarpet, Laminate, Tile
Laundry FeaturesCoin Operated

General for 116 2nd ST

# of Buildings1
AccessibilityNone
Age53
Association AmenitiesNone
CityPACIFIC GROVE
City Limits (Y/N)1
Construction MaterialsWood Frame
CoolingNone
CountyMonterey
HOANo
HeatingForced Air
Incorporated Y/N
Listing Agent State License01965426
Lot Size UnitsSquare Feet
MLS AreaCentral Ave/Downtown
Number of Garage Spaces6
Property SubtypeFive or More Units
Property TypeCommercial Multi-Residential (5+ units)
RestrictionsNone
RoofComposition
Security FeaturesNone
Special Listing ConditionsNot Applicable
StatusActive
UtilitiesIndividual Electric Meters, Individual Gas Meters, Public Utilities
ViewOcean
WaterWater On Site
Year Built1972
Zoning TextR3

Exterior for 116 2nd ST

Building Area Total4974
Foundation DetailsConcrete Slab, Wood Frame
Lot Acres0.1446
Lot DescriptionGrade - Gently Sloped, Grade - Side Slope
Lot Size Area6300.00
Maximum Lot Size6300.00
MetersMaster Water, Separate Electric, Separate Gas
Parking FeaturesAttached Garage
Parking Spaces6
Pool (Y/N)0
Sewer/SepticSewer Connected
Yard/GroundsBalcony / Patio

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,500,000
MLS#ML81991724
List Date 01/25/2025
Property Type Multi-Family
Phone 714.742.6515
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