116 2nd St
Description
- Listed by Edward Lujan • DRE #01965426 • Brokerage DRE #02043526 • Vargestate Inc. • 408-767-8998
Property Details for 116 2nd Street
Property Details for 116 2nd Street
| Status | Active |
|---|---|
| MLS # | ML81991724 |
| Days on Compass | 339 |
| Taxes | $10,682 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family 5+ |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1972 |
| Lot Size | 0.14 AC / 6,300 SF |
| County | Monterey County |
Location
Building Information for 116 2nd Street
Payment Calculator
$17,949 per month
30 year fixed, 6.15% Interest
$17,058
$890
$0
Property Information for 116 2nd Street
- Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Microwave
- Fireplace: No
- Flooring: Carpet, Laminate, Tile
- Laundry: Coin Operated
- Living SqFt: 4974
- Pool: No
- Security Features: None
- Special Features: None
- Cooling: None
- Heating: Central Forced Air - Gas
- Meters: Master Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer Connected
- Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Water: Water On Site
- Carport Min: 0
- Garage and Parking: Attached Garage
- HOA Amenities: None
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 6
- Area Text: Central Ave/Downtown
- Restrictions: None
- Roof: Composition
- Subclass: Five or More Units
- Year Built Source: Assessor
- Street Number: 116
- Street Name: 2nd
- Street Suffix: Street
- Area ID: 128
- Number of Buildings: 1
- Structure SqFt: 4974
- Structure SqFt Source: Assessor
- Age: 53
- Construction Type: Wood Frame
- Ownership Type: Trust
- Zoning Detail: R3
- City Limits: Yes
- Incorporated: No
- Parcel Number: 006-222-004-000
- County Name: Monterey
- City Name: PACIFIC GROVE
- City Postal ID: 44
- Postal Code: 93950
- Elementary School District: 440
- High School District Text: Pacific Grove Unified
- Foundation: Concrete Slab, Wood Frame
- Lot Acres: .14
- Lot Description: Grade - Gently Sloped, Grade - Side Slope
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- Yard Grounds: Balcony / Patio
- No Of Leased: 6
- Annual Tax Amount: $10,682
- Capitalization Rate: 3.89
- Tenant Expenses: Utilities - Electric, Utilities - Gas
- Income Includes: Lease
- Vacancy Factor: 0
- Expense Insurance: $3,495
- Expense Landscape: $1,500
- Expense Maintenance: $658
- Expense Management: $1,178
- Expense Trash: $2,989
- Expenses Other: $0
- Expenses Utility: $19,373
- Expenses Total: $39,875
- Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Maintenance - Capital Improvements, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
- Gross Rent Multiplier: 19.88
- Income Annual Gross: $176,040
- Income Annual Rental: $176,040
- Income Gross Scheduled: $176,040
- Income Other: $0
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 2
- Unit 1 Rent: $2,100
- Unit 2 Approx Square Footage: 850
- Unit 2 Full Bathrooms: 1
- Unit 2 Number of Bedrooms: 2
- Unit 2 Rent: $2,250
- Unit 3 Approx Square Footage: 900
- Unit 3 Full Bathrooms: 1
- Unit 3 Number of Bedrooms: 2
- Unit 3 Rent: $2,225
- Unit 4 Approx Square Footage: 750
- Unit 4 Full Bathrooms: 1
- Unit 4 Number of Bedrooms: 2
- Unit 4 Rent: $2,600
- Unit5 Full Baths: 1
- Unit Type1 Approx SqFt: 850
Property History for 116 2nd Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 24, 2025 | Listed (Active) EBRD #ML81991724 | $3,500,000 | — |
| Oct 24, 2025 | Listed (Active) MLSListings #ML81991724 | $3,500,000 | — |
| Oct 15, 2025 | Pending EBRD #ML81991724 | — | |
| Oct 15, 2025 | Contingent - Show MLSListings #ML81991724 | — | |
| Jan 24, 2025 | Listed (Active) EBRD #ML81991724 | $3,500,000 | — |
| Jan 24, 2025 | Listed (Active) MLSListings #ML81991724 | $3,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/24/2025 | Listed (Active) EBRD #ML81991724 | $3,500,000 |
| 10/24/2025 | Listed (Active) MLSListings #ML81991724 | $3,500,000 |
| 10/15/2025 | Pending EBRD #ML81991724 | — |
| 10/15/2025 | Contingent - Show MLSListings #ML81991724 | — |
| 01/24/2025 | Listed (Active) EBRD #ML81991724 | $3,500,000 |
| 01/24/2025 | Listed (Active) MLSListings #ML81991724 | $3,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 2nd Street
Schools near 116 2nd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Robert Down Elementary School PublicK to 5 | ||
Pacific Grove Middle School Public6 to 8 | ||
Pacific Grove High School Public9 to 12 | ||
Community High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Vargestate Inc., Edward Lujan, DRE #01965426
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.