150 Lighthouse AVE
Pacific Grove, CA 93950
- 4 beds
- – baths
- 1,693 sqft
- 4,042 sqft lot
- $823 per sqft
- 1951 build
- – on site
***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.
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Last updated Jan 30, 2025
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MLS# 81990624 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1951
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Age:74
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Subclass:Triplex
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Roofing:Composition
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Foundation:Concrete Perimeter
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# of Stories:2
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# of Units:3
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Special Features:Other
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Structure SqFt:1693
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Structure SqFt Source:Assessor
Interior
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Kitchen:Cooktop - Gas, Countertop - Granite, Countertop - Synthetic, Exhaust Fan, Hood Over Range, Oven - Built-In, Pantry Cabinet, Refrigerator, Other
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Flooring:Hardwood, Tile, Other
Room Dimensions
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Living SqFt:1693
Location
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Cross Street:Prescott Ave.
The Property
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Lot Acres:0.0928
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Lot Size Area Min:4042.00
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Zoning:R-1
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Parcel Number:006-239-012-000
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Available Views:Ocean
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81990624
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:Ceiling Fan
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Heating Methods:Wall Furnace, Other
Utilities
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Utilities:Public Utilities
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Sewer/Septic System:Sewer Connected
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Water Source:Public
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Meters:Separate Other
Appliances
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Laundry:Coin Operated, Washer / Dryer
The Community
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HOA:No
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Amenities Misc.:Walk-in Closet
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Pool:No
Parking
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Description and Access:Attached Garage
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Parking Spaces:2
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Garage Spaces:2
Extra Units
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# of Buildings:3
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Unit 1 Full Bathrooms:1
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Unit 2 Full Bathrooms:1
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Unit 3 Full Bathrooms:1
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Unit 1 SqFt:616 Sqft
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Unit 2 SqFt:616 Sqft
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Unit 1 Bed:1
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Unit 3 SqFt:613 Sqft
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Unit 2 Beds:1
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Unit 3 Beds:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/27/25
Jan 27, 2025
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Listed / Active | MLSLISTINGS | $1,395,000 | 77.7% (7.6% / YR) |
|
10/13/14
Oct 13, 2014
|
BRIDGE | $785,000 | -12.3% (-1.4% / YR) | |
|
1/5/06
Jan 5, 2006
|
BRIDGE | $895,000 |
