403 Central Avenue

Pacific Grove, CA 93950

$2,100,000
Price
Beds
2,338 Sq. Ft.
$898 / Sq. Ft.
2,338
Sq. Ft.
$898
per Sq. Ft.

Description

Price improvement! Three units one block from the ocean close to downtown Pacific Grove. This historic Colonial home has so much to offer. The main home is a duplex with a ground floor 2 bedroom and 1 bath unit with large rooms, natural light, spacious kitchen, and inviting sunroom off the garden. The upstairs 1 bedroom 1 bath spacious unit has a separate entrance and a peak of the bay from the bedroom. The studio apartment has a separate entrance off the garden and offers a perfect place for tenants,...Price improvement! Three units one block from the ocean close to downtown Pacific Grove. This historic Colonial home has so much to offer. The main home is a duplex with a ground floor 2 bedroom and 1 bath unit with large rooms, natural light, spacious kitchen, and inviting sunroom off the garden. The upstairs 1 bedroom 1 bath spacious unit has a separate entrance and a peak of the bay from the bedroom. The studio apartment has a separate entrance off the garden and offers a perfect place for tenants, guests or a home office. All units are permitted. Keep it as a duplex or convert it into a single-family home with a separate studio and full bathroom for guests. This multi-family zoned property offers endless possibilities. Don't miss the chance to be steps away from downtown shops, restaurants, and the beach. Must-see!
  1. Listed by Blake Russell • DRE #02188622 • Brokerage DRE #00899496 • Sotheby's International Realty • 831.917.9886
  2. Listed by Shankle RE Team • DRE #70010260 • Brokerage DRE #00899496 • Sotheby's International Realty

Property Details for 403 Central Avenue

MLS City Name
PACIFIC GROVE
Building Type
DUPLEX
Style
Colonial
Garage Spaces
1
Parking Spaces
0
View
Bay, City, City Lights, Ocean
Cross Street
Monterey Avenue

Open Houses

Sunday, Apr 28th

2:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Sotheby's International Realty, Blake Russell, DRE #02188622; Sotheby's International Realty, Shankle RE Team, DRE #70010260
Add your commute
LISTING UPDATED: 04/28/2024 12:20 AM

Property Details for 403 Central Avenue

StatusActive
MLS #ML81945891
Days on Compass188
Taxes$719 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1902
Lot Size0.12 AC / 5,400 SF
CountyMonterey County

Location

Listing Courtesy of Sotheby's International Realty, Blake Russell, DRE #02188622; Sotheby's International Realty, Shankle RE Team, DRE #70010260
Add your commute

Building Information for 403 Central Avenue

Stories2Residences2Year Built1902Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$11,520 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$60

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 403 Central Avenue

Features
Room Information
  • Additional Rooms: Other
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In
Features
  • Energy Features: Solar Power
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 2338
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Floor Furnace
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Public Utilities, Solar
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage, Workshop in Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central Ave/Downtown
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Other
  • Street Number: 403
  • Street Name: Central
  • Street Suffix: Avenue
  • Area ID: 128
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2338
  • Structure SqFt Source: Other
  • Age: 121
Development Information
  • Construction Type: Wood
  • Ownership Type: Trust
  • Zoning Detail: Residential
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 006-195-002-000
  • County Name: Monterey
  • City Name: PACIFIC GROVE
  • City Postal ID: 44
  • Postal Code: 93950
  • Elementary School: 563
  • Elementary School District: 440
  • Middle School Text: Pacific Grove Middle
  • High School District Text: Pacific Grove Unified
  • High School Text: Pacific Grove High
Lot Information
  • Foundation: Post and Pier
  • Horse Property: No
  • Lot Acres: .12
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio, Fenced
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $719
  • Building Unit Total: 2
  • Capitalization Rate: -.03
  • Tenant Expenses: None
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $719
  • Operating Expenses Include: None
  • Income Annual Gross: $0
  • Income Annual Rental: $0
  • Income Gross Scheduled: $0
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 773
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
Unit 3 Information
  • Unit 3 Approx Square Footage: 263
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 0
Unit Type 1
  • Unit Type1 Approx SqFt: 1302

Property History for 403 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 403 Central Avenue

Taxable ValueLand$500,000Additions$490,000Total$990,000
Tax Record2023$10,869 ($906 / month)
Home Facts
Baths2Total Finished SqFt1,631 SqFtAbove Grade Finished SqFt1,631 SqFtStories2Lot Size5,400 SqFtStyleDuplexYear Built1915CountyMONTEREYAPN006-195-002-000Fireplace TypeHas Fireplace

Schools near 403 Central Avenue

This home is within Pacific Grove Unified School District.
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

403 Central Avenue is a multi-family home for sale in Pacific Grove, CA 93950. This property was listed for sale on October 23, 2023 by Sotheby's International Realty, it's currently listed at $2,100,000. This listing's school district is Pacific Grove Unified School District. Nearby schools include Robert Down Elementary School, Pacific Grove Middle School and Pacific Grove High School. 403 Central Avenue is a 0-bed, 0-bath, 2,338 sqft multi-family home built in 1902.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's International Realty, Blake Russell, DRE #02188622; Sotheby's International Realty, Shankle RE Team, DRE #70010260

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.