$2,399,000

410 Pine Avenue, Pacific Grove, CA 93950

  • 3,528 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon3,598sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $680/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Investor Special | Prime Location Near Downtown Pacific Grove One of the strongest rent rolls for a triplex on the Monterey Peninsula this rare multi-unit property is just blocks from downtown and presents an outstanding opportunity in one of the Monterey Peninsulas most desirable rental markets. With rental income near $11,000/month, it offers strong in-place cash flow with long-term upside. Featuring three separate units, each with private entrance, kitchen, bedrooms, bathroom, laundry, and separate metering ideal for flexible rental strategies and income stability. Interior access between levels adds additional versatility. Recent updates include improvements to the sewer lateral, appliances, flooring, lighting, water softner system, tesla level 2 charger, water heaters. Outdoor spaces with deck, lawn, and entertaining areas further enhance tenant appeal. Minutes from Cannery Row and Monterey Bay Aquarium. Estimated ~5 % cap rate (buyer to verify). Ideal for investors or 1031 exchange buyers seeking a well-located, income-producing coastal asset.

Listing Status:
Active
Date Added:
March 31, 2026
Data Last Updated:
April 4, 2026 at 7:16AM
Listing Office:
eXp Realty of Northern California, Inc. : (888) 832-7179
Listing Agent:
Jorge Zamora-guerrero : 831-713-7254
MLS ID:
ML82041058
  • Appliances: DishwasherDisposalRefrigerator
  • Flooring: CarpetLaminateWood
  • A/C: None
  • Heating: Central
  • Style: English
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: 3
  • Originating MLS: CRMLS_MLSL
  • School District: Other
  • County: Monterey
  • Zoning: Multi Family Dwelling006269006000
  • View: BayCity LightsWaterView
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_MLSL

This listing courtesy of Jorge Zamora-guerrero , eXp Realty of Northern California, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert Down Elementary School

485 Pine Ave, Pacific Grove, CA, 93950

Grades KG-5

0.14 miles away

P

Pacific Grove Middle School

835 Forest Ave, Pacific Grove, CA, 93950

Grades 6-8

0.41 miles away

P

Pacific Grove High School

615 Sunset Dr, Pacific Grove, CA, 93950

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.