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116 16th St, Pacific Grove, CA, 93950

9beds
5baths
4,120sqft
$2,639,000
$641price/sqft
$16,996/moest. monthly cost
$679,840/yrincome needed

About This Home

In the heart of Pacific Grove sits a rare multi-unit opportunity. With just a short distance to Lovers Point Beach and blocks to restaurants, you are arguably in the perfect spot for all the best things PG has to offer. This four-unit property includes a penthouse with 3 bedrooms, 2 bathrooms, a private laundry, and a lovely deck with ocean views. The remaining three units each offer 2 bedrooms, 1 bathroom, and shared laundry area, along with peeks of bay from inside the units. Each unit also enjoys its own private garage. So come, live in your penthouse while generating income from the additional units and get your mortgage paid for, or jump on this amazing investment opportunity in Butterflytown USA.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
78
BikeVery Bikeable

Schools

8/10
9/10
10/10
Pacific Grove High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Slab
  • Roof: Mansard, Polyurethane

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Residential Income

Interior

Appliances

  • Appliances included: Electric Cooktop,Exhaust Fan,Freezer,Disposal,Range Hood,Electric Oven,Refrigerator,Washer/Dryer Some Units
  • Laundry features: Coin Operated

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Door features: None

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 4,120
  • Total interior livable area: 4,120 sqft

Kitchen

  • Features: ExhaustFan

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 006154007000
  • Zoning: Multi Family Dwelling
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Bay,Ocean
  • Has water view: Yes
  • Water view: Bay,Ocean

Lot

  • Lot size: 4,200 sqft

Parking

  • Total spaces: 4
  • Parking features: Assigned,Attached,Parking Area
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Carport: Yes