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845 Lighthouse Ave

Pacific Grove, CA 93950

(-5 %) $2,553,000

  • Multi Unit
  • Sold
  • 3 Beds
  • 4,770 SqFt
  • MLS# ML81796012

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Rare opportunity to own a high income, low maintenance, 7 unit apartment building in the heart of Pacific Grove. This pristine two-story building is a well maintained, turnkey, investment possessing the intangibles: solid performance in appreciation and cash flow growth. The Monterey Peninsula and Pacific Grove's 'Hometown' ambiance attract international and national attention: ATT Pebble Beach, International 'Car Week', year-round activities, attractions(Lover's Point, Cannery Row, The Aquarium, Asilomar beach) and festive events(Fourth of July 'Feast of Lanterns). High tenant demand for local residences is driven by a steady influx of students/staff for DLI(Defense Language Institue), the Naval Post Graduate School and Middlebury Institute of International Studies, in addition to a constant stream of individuals and families drawn to a new home on the Central Coast with its almost surreal array of coastal beaches, mountains, restaurants, golf courses and California wineries.

Location

Cross Street:

Walnut

City:

Pacific Grove

County:

Monterey

Housing Units & Financial Information

Interior Features

Exterior Features

Additional Details

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McGuire Real Estate

(800) 473.7858

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Listing Agent:

Michael Zabrycki

Listing Brokerage:

Michael Zabrycki, Broker

Based on information from the MLSListings™ MLS as of 12/01/20. MLS Listing Information displayed on the VOW is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

This data is up-to-date as of 12/01/20. For the most current information, contact
McGuire Client Care at 800-473-7858 or clientcare@mcguire.com.

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