***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.
Discover coastal living at its finest with this beautifully renovated triplex, perfectly positioned to offer breathtaking Monterey Bay views. Each of the three 2-bedroom, 1-bath units has been meticulously updated, showcasing modern finishes, abundant natural light, and open floor plans that seamlessly connect indoor and outdoor living spaces through spacious private decks. The property boasts premium upgrades, including EV chargers in each garage, energy-efficient fixtures, and a dedicated laundry room equipped with individual washers and dryers for added convenience. This unbeatable location puts you within walking distance of charming local restaurants, boutique shops, historic Cannery Row, and the world-renowned Monterey Bay Aquarium. With bay views as your backdrop, this triplex offers endless possibilities - live in one unit while generating income from the other two, or capitalize on its potential as a lucrative investment. Experience the perfect blend of luxury, convenience, and coastal charm in this turn-key property.
Charming multi-unit property in Pacific Grove, the last hometown. Discover a unique investment opportunity in one of the most picturesque locations on the California coast. This well-maintained multi-unit property offers the perfect blend of beachside living and rental income potential. Features: Location: Just a short stroll from the beach in the desirable Pacific Grove area. Units: 3 separate units providing versatile living and rental options. Unit 1: Spacious 2-bedroom, 1-bathroom ideal for living comfortably while enjoying coastal views. Unit 2: Cozy 2-bedroom, 1-bathroom perfect for generating rental income. Unit 3: Charming 1-bedroom, 1-bathroom another excellent source of rental income. Highlights: Income Potential: Live in one unit and rent out the other two to maximize your investment. Investment Opportunity: Multi use, residential/commercial opportunities . Reason to Love : Pacific Grove is known for its serene environment, charming neighborhoods, and close-knit community. This property offers a unique chance to experience all the perks of coastal living while leveraging rental income to offset your living expenses. Enjoy the convenience of walking a few blocks to the beautiful Pacific Grove coastline. Send us an offer!
This newly remodeled home and attached apartment are ready for showing. The property has all living space on the ground level. Highly rated Pacific Grove schools are a short distance. Unit A is a 1,140 sq. ft. three-bedroom/ one & half bathroom fronting on Congress. The new kitchen has GE stainless steel appliances and a new quartz countertop. A new GE clothes washer and dryer are installed in the laundry room, which is accessible from the kitchen. The living room is light and bright. The primary bedroom has a half bath. Water credits are available for adding a shower. Unit B is a 596 sq. ft one-bedroom / one-bathroom unit in the rear of the property. This unit has direct access to a one-car garage with washer and dryer hookups. The kitchen is spacious, with room for a sit-down dining table. Unit A also has a one-car garage. Other positive features are the new roof (2015), copper plumbing, and separate metering for PGE & water- both units.
This ranch home is a legal duplex, just a short scenic stroll to the beach. First time available in 30 years, 3 bed, 2 bath in front unit and 2 bed, 1 bath unit in back, separated by a breeze way. Both units have a separate entrance, living room with fireplace, full kitchen, and private outdoor space. You will love the quarter acre of mature gardens, fruit trees, deer resistant vegetable gardens, and large deck perfect for entertaining! Great potential to remodel or move in and enjoy.
Adorable duplex cottage in Pacific Grove, great income potential, live in one side and enjoy the rental income from the other side. Both units have their own washer/dryer hookups in garage. Owner lives in one side, rents the other at below market price. Nice side yard with beautiful oak tree, great for barbeque or entertaining. Close to shopping, beach, Monterey Bay Aquarium, restaurants and walking path.
For the multigenerational family looking to stay together, this is the perfect place for you! This amazing home with gorgeous bay views offers three separate living areas. Each has its own exterior entrance, kitchen, bedrooms, bathroom and laundry area, with interior accesses as well. Remodeled in '99, new roof in '05, and the walkout basement was beautifully remodeled just 5 years ago. Charming front door, coved ceilings, wood floors, dual pane windows, full of natural light, recessed accent lighting and dimmer switches, newer carpet, cedar lined closets throughout, built-in shelving and cabinets, lath and plaster quality construction and newer deck. Outside is the sunny lawn area and barbecue area with picnic bench. Located near town, beach, Monterey Bay Aquarium, historic Cannery Row and Old Fisherman's Wharf. Enjoy Carmel white sand beaches, Pebble Beach golf courses and the Monterey Peninsula Airport making this a perfect vacation home! Buyer to verify all info and measurements.
Pacific Grove is located in California. Pacific Grove, California has a population of 15,169. Pacific Grove is less family-centric than the surrounding county with 26.9% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Pacific Grove, California is $92,980. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Pacific Grove is 48 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.7 degrees. The average rainfall is approximately 18.3 inches per year, with 0.1 inches of snow per year.
