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$1,395,000
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Property Description
***Welcome to Investors Dream Opportunity: Ocean View Triplex in Pacific Grove! *** This fully occupied triplex in the heart of Pacific Grove offers an exceptional investment opportunity with breathtaking ocean views and an unbeatable location just moments from vibrant shops, renowned restaurants, and the world-famous Monterey Bay Aquarium. With 100% occupancy, the property guarantees immediate rental income, while its prime location enhances its long-term value and appeal. The property boasts beautifully remodeled kitchens and updated upstairs bathrooms, elevating functionality and aesthetics. A coin-operated laundry facility provides added convenience for tenants while generating an additional income stream. For added peace of mind, a French drain has been installed for optimal drainage, and a secure two-car garage offers valuable parking space for tenants. Offered at $1,395,000, this triplex presents a rare opportunity to capitalize on Pacific Grove's thriving rental market, consistent occupancy, and strong income potential. With its stunning ocean views, desirable location, and impressive upgrades, this property is a true gem in one of the Monterey Peninsulas' most sought-after neighborhoods. Act quickly; this opportunity won't last long.
Full Property Details
Full Property Details for 150 Lighthouse Ave
General
- Sold For: $1,395,000
- Status: Closed
- Type: Triplex
- Source: RE_Infolink
- MLS ID: ML81990624
- Added to Site: 379 day(s) ago
Interior
- Interior Features: Walk-In Closet
- Flooring: Hardwood, Tile, Other
Rooms
Other Rooms
- Kitchen: Gas Cooktop, Granite Countertop, Synthetic Countertop, Exhaust Fan, Hood over Range, Built-In Oven, Pantry Cabinet, Refrigerator, Other
- Laundry: Coin-Operated, Washer / Dryer
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- Area: Central Ave/Downtown
- County: Monterey
- Cross Streets: Prescott Ave.
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Wall Furnace , Other
Utilities
- Sewer: Sewer Connected
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Other
Structural Information
- Foundation: Concrete Perimeter
- Roof: Composition
- Disability Access: Other
- Square Feet: 1,693
- Year Built: 1951
Unit Information
Unit 1
- Square Feet: 616
- Bedrooms: 1
Unit 2
- Square Feet: 616
- Bedrooms: 1
Unit 3
- Square Feet: 613
- Bedrooms: 2
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.0928
- Minimum Lot Size: 4042
- Lot Size (Sq. Ft.): 4,042
- Building Sites: 3
- Zoning: R-1
Listed by New Star Realty Silicon Valley, Annie Youn
Sold by M5044, Brian Brunetti
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Schools
Schools serving 150 Lighthouse Ave
School District:Pacific Grove Unified School District
| Name | Grades | Distance |
|---|---|---|
Robert Down Elementary School 485 Pine Avenue, Pacific Grove, CA 93950 | K-5 | 0.6 mi |
Pacific Grove Middle School 835 Forest Avenue, Pacific Grove, CA 93950 | 6-8 | 0.8 mi |
Pacific Grove High School 615 Sunset Drive, Pacific Grove, CA 93950 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Lighthouse Ave
Date
Details
Price
Change
Source
3/20/2025
Sold
$1,395,000
—
MLS
1/27/2025
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
150 Lighthouse Ave, Pacific Grove, CA 93950 (MLS# ML81990624) is a Triplex property that was sold at $1,395,000 on March 20, 2025. Want to learn more about 150 Lighthouse Ave? Do you have questions about finding other Triplex real estate for sale in Pacific Grove? You can browse all Pacific Grove real estate or contact a Coldwell Banker agent to request more information.

