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.
3,528 Sq Ft
3,600 Sq Ft Lot Size
investment
$21,276 Annual Tax
Built in 1929
MLS/Listing ID ML82041058
3 Stories
Parking - On Street
Walk-in Closets
Wet Bar
Carpet
Hardwood
Laminate
Style - English
Dishwasher
Refrigerator
Washer/Dryer
Composition
Crawlspace
TOTAL MONTHLY COST
$0
$0
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