116 2nd Street Pacific Grove, CA $ 3,500,000
116 2nd Street
$ 3,500,000
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116 2nd Street

Pacific Grove, CA, 93950
$ 3,500,000
Bedrooms10 Baths-- Sq 4,974

Monthly Estimate*

$ 21,835

116 2nd Street, Pacific Grove, CA 93950 - Image 1

Commercial Property for sale in Pacific Grove, CA

for $3,500,000 with 10 bedrooms. This 4,974 square foot building was built in 1972 on a lot size of 0.144628.

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.

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Commercial Active

Price

$ 3,500,000

Bedrooms

10

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.144628

Year Built

1972

Town/City

Pacific Grove

County/Region

Monterey

MLS | Web ID

ML81991724

Features
General
Living Area 4974
Heating Forced Air
Cooling None
Roof Composition Shingles
Appliances Dishwasher
Zoning R3
Year Built 1972
Property Subtype Other
County Monterey
Property Type Commercial Sale
HOA N
Garage Y/N Yes
Status Active
City Pacific Grove
MLS Area Listing
Lot Size Square Feet 6300
Standard Status Active
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Interior
Interior Amenities Updated Baths Updated Kitchen
Flooring Laminate Tile
Air Conditioning Y/N No
Heating Y/N Yes
Laundry Features Coin Operated
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Exterior
Parking Features Attached
Lot Size Area 6300
Building Area Total 4974
Lot Size Acres 0.14
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Edward Lujan

Listing Agent

Windermere Valley Properties

Broker

realtorlujan@gmail.com

Email

Affordability Calculator

$21,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/25/2025$3,500,000 Listed Price

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116 2nd Street, Pacific Grove, CA, 93950 is a Commercial Property for sale at $3,500,000 with 4,974 sqft and a lot size of 0.144628. 116 2nd Street has 10 bedroomsThe property's zip code is 93950 which is in Pacific Grove, CA