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$699,000
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Property Description
Great investment opportunity. These apartment units have three separate electric meters. 5 bedrooms and 3 bathroom. Current rents are below market. All units are on month to month rental agreements. Carport has enough parking for all units. Located just minutes from downtown, restaurants, and local amenities, it offers convenience in one package. Call for more information. All units are currently rented please do not disturb tenants.
Full Property Details
Full Property Details for 218 Pearl
General
- Price: $699,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NS26143420
- Updated: 7/13/2026
- Days on Market: 21 days
- Added to Site: 21 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, See Remarks
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: See Remarks
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned, Detached Carport
- Parking: Assigned, Detached Carport
Location
- County: Monterey
- Driving Directions: Take first Street to Pearl
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 3
Structural Information
- Foundation: See Remarks
- Roof: See Remarks
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,700
- Year Built: 1943
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 3
- Bedrooms: 5
Lot Features
- Property View: None, See Remarks
- Lot Size (Acres): 0.1592
- Lot Size (Sq. Ft.): 6,933
- Lot Size Source: Assessor
- Lot Description: Near Public Transit, Park Nearby, 2-5 Units/Acre, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $411.18
- Price Per Unit: 233000
Listed by Oak Shores Realty, Timothy Ellis
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Schools
Schools serving 218 Pearl
School Districts:King City Union Elementary School District, King City Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
King City Arts Magnet 415 Pearl Street, King City, CA 93930 | K-5 | 0.1 mi |
Santa Lucia Elementary School 502 Collins Street, King City, CA 93930 | K-5 | 0.6 mi |
Del Rey Elementary School, King City, CA 502 King Street, King City, CA 93930 | K-5 | 0.6 mi |
Chalone Peaks Middle School 667 Meyer Street, King City, CA 93930 | 6-8 | 0.9 mi |
King City High School 720 Broadway Street, King City, CA 93930 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 218 Pearl
Date
Details
Price
Change
Source
7/01/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 218 Pearl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,143
12%
$167,090
2%
2024
$1,921
-1%
$163,815
2%
2023
$1,949
6%
$160,604
2%
2022
$1,836
5%
$157,456
2%
2021
$1,754
-1%
$154,370
1%
2020
$1,775
2%
$152,788
2%
2019
$1,734
2%
$149,793
2%
2018
$1,705
2%
$146,857
2%
2017
$1,676
4%
$143,979
2%
2016
$1,619
2%
$141,157
2%
2015
$1,595
1%
$139,038
2%
2014
$1,579
1%
$136,315
—
2013
$1,559
—
$135,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 218 Pearl
218 Pearl, King City, CA 93930 (MLS# NS26143420) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 218 Pearl is currently listed for $699,000 and was received on July 01, 2026. Want to learn more about 218 Pearl? Do you have questions about finding other Multi-Family real estate for sale in King City? You can browse all King City real estate or contact a Coldwell Banker agent to request more information.
