845 Lighthouse Avenue
845 Lighthouse Avenue
$2,553,000
—
4,770
4,770
$535
Sold 10/30/20
Description
Rare opportunity to own a high income, low maintenance, 7 unit apartment building in the heart of Pacific Grove. This pristine two-story building is a well maintained, turnkey, investment possessing the intangibles: solid performance in appreciation and cash flow growth. The Monterey Peninsula and Pacific Grove's 'Hometown' ambiance attract international and national attention: ATT Pebble Beach, International 'Car Week', year-round activities, attractions(Lover's Point, Cannery Row, The Aquarium,...Rare opportunity to own a high income, low maintenance, 7 unit apartment building in the heart of Pacific Grove. This pristine two-story building is a well maintained, turnkey, investment possessing the intangibles: solid performance in appreciation and cash flow growth. The Monterey Peninsula and Pacific Grove's 'Hometown' ambiance attract international and national attention: ATT Pebble Beach, International 'Car Week', year-round activities, attractions(Lover's Point, Cannery Row, The Aquarium, Asilomar beach) and festive events(Fourth of July 'Feast of Lanterns). High tenant demand for local residences is driven by a steady influx of students/staff for DLI(Defense Language Institue), the Naval Post Graduate School and Middlebury Institute of International Studies, in addition to a constant stream of individuals and families drawn to a new home on the Central Coast with its almost surreal array of coastal beaches, mountains, restaurants, golf courses and California wineries.
- Listed by Michael Zabrycki • DRE #01114573 • Michael Zabrycki, Broker • 832-628-2206
Property Details for 845 Lighthouse Avenue
MLS City Name
PACIFIC GROVE
Building TypeOther
StyleTraditional
Garage Spaces0
Parking Spaces0
ViewCity, City Lights, Downtown, Forest / Woods, Ocean
Cross StreetWalnut
Location
LISTING UPDATED: 10/31/2020 07:46 AM
Property Details for 845 Lighthouse Avenue
Status | Sold |
---|---|
MLS # | ML81796012 |
Days on Compass | 92 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1959 |
Lot Size | 0.18 AC / 7,674 SF |
County | Monterey County |
Location
Building Information for 845 Lighthouse Avenue
Stories-Residences-Year Built1959Building Size-Lot Size0.18 AC / 7,674 SF
Payment Calculator
$16,382 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 845 Lighthouse Avenue
Property History for 845 Lighthouse Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 845 Lighthouse Avenue
Taxable ValueLand$1,248,480Additions$1,407,661Total$2,656,141
Tax Record2023$29,387 ($2,449 / month)
Home Facts
Baths7Total Finished SqFt4,770 SqFtAbove Grade Finished SqFt4,770 SqFtStories2Lot Size7,674 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyMONTEREYAPN006-345-001-000Fireplace TypeHas Fireplace
Schools near 845 Lighthouse 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.
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