$2,199,000
 $11,805 est/mo Sourced by Back At You

410 Pine Avenue,Pacific Grove, CA 93950

Pacific Grove, CA 93950

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Description

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.

Details

MLS #ML82041058
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1929
Days On Site177
Listing Provided ByeXp Realty of Northern California, Inc. | Jorge Zamora-guerrero

Features

SQ Feet3,528
BasementY
Story(s)3
Building(s)1
ZoningMulti Family Dwelling
Acreage0.08
Property ViewYes

Interior

CoolingNone
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesDishwasher, Disposal, Refrigerator

Exterior

RoofComposition

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Property21276

Area Information

StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
Listing VS Median (in 93950)
Price:
$2,199,000
low | high
Med:
$1,549,000
79.558890404729% of Average
sqft:
3,528
low | high
Med:
1,326
100% of Average
$ / sqft:
$623
low | high
Med:
$1,168
37.417974850765% of Average
On site:
177
low | high
Med:
10
100% of Average
Sourced by Back At You

Market Activity 93950

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Additional Information

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Contact

Learn More About This Property

Ray Lago

Ray Lago

Desert Lifestyle Properties

02007780 (714) 317-6144raythedesertrealtor@gmail.com
StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
Listing VS Median (in 93950)
Price:
$2,199,000
low | high
Med:
$1,549,000
79.558890404729% of Average
sqft:
3,528
low | high
Med:
1,326
100% of Average
$ / sqft:
$623
low | high
Med:
$1,168
37.417974850765% of Average
On site:
177
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.649M - $2.748M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
410 Pine Avenue Property Photo 1
$2,199,000
410 Pine Avenue
Pacific Grove, CA 93950
410 Pine Avenue Property Photo 1
$1,928,000
410 Pine Avenue
Pacific Grove, CA 93950
Listing Updated: September 9, 2026 at 4:19:05 PM PDT