About 116 2nd St
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.
Features of 116 2nd St
| MLS® # | ML81991724 |
|---|---|
| Price | $3,500,000 |
| Square Footage | 4,974 |
| Acres | 0.14 |
| Year Built | 1972 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 116 2nd St |
|---|---|
| Area | Central Ave/Downtown |
| City | PACIFIC GROVE |
| County | Monterey |
| State | CA |
| Zip Code | 93950 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 6 |
| Garages | Attached |
| View | Ocean View |
| Is Waterfront | No |
Interior
| Heating | Central Forced Air Heat |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Lot Description | Grade - Gently Sloped, Grade - Side Slope |
|---|---|
| Roof | Composition Roof |
| Construction | Wood Frame |
| Foundation | Concrete Slab, Wood Frame |
Additional Information
| Zoning | R3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Vargestate Inc. |
|---|---|
| Contact Info | 408-767-8998 |