410 Pine Avenue, Pacific Grove, CA 93950
Local realty services provided by:ERA North Orange County Real Estate
Listed by: jorge zamora-guerrero
Office: exp realty of northern california, inc.888-832-7179
MLS#:ML82041058
Source:CRMLS
Price summary
- Price:$2,399,000
- Price per sq. ft.:$679.99
About this home
Investor Special | Prime Location Near Downtown Pacific Grove One of the strongest rent rolls for a triplex on the Monterey Peninsula this rare multi-unit property is just blocks from downtown and presents an outstanding opportunity in one of the Monterey Peninsulas most desirable rental markets. With rental income near $11,000/month, it offers strong in-place cash flow with long-term upside. Featuring three separate units, each with private entrance, kitchen, bedrooms, bathroom, laundry, and separate metering ideal for flexible rental strategies and income stability. Interior access between levels adds additional versatility. Recent updates include improvements to the sewer lateral, appliances, flooring, lighting, water softner system, tesla level 2 charger, water heaters. Outdoor spaces with deck, lawn, and entertaining areas further enhance tenant appeal. Minutes from Cannery Row and Monterey Bay Aquarium. Estimated ~5 % cap rate (buyer to verify). Ideal for investors or 1031 exchange buyers seeking a well-located, income-producing coastal asset....
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Home facts
- Year built:1929
- Listing ID #:ML82041058
- Added:46 day(s) ago
- Updated:May 17, 2026 at 10:48 AM
Rooms and interior
- Flooring:Carpet, Laminate, Wood
- Kitchen Description:Dishwasher, Disposal, Refrigerator
- Basement:Yes
- Living area:3,528 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1929
- Building area:3,528 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:English
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,399,000
- Price per sq. ft.:$679.99
- Tax amount:$21,276
Features and amenities
- Appliances:Dishwasher, Disposal
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