Historical Multifamily Sale Listing - 242 Lobos Avenue

Multifamily For Sale

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242 Lobos Avenue

242 Lobos Avenue, Pacific Grove, CA 93950

N/A

4 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
2,173 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/Triplex/Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
5%
Lot Size:
6,700 SF
APN / Parcel ID:
006-301-006
Listing ID
18239865
Last Updated
234 days ago

Description

This charming, historic home is located just two blocks to downtown and has unlimited potential. Two 1/1's, one 2/1 and a 2/1.5. Could be converted to a beautiful 3/2 owner unit with two 1/1 rentals. Situated on an oversized street-to-street lot with eclectic, mature greenery and a two car garage plus large bonus storage. 5% cap rate. Needs some TLC, but great opportunity. Bring your contractor

Close to downtown Pacific Grove. Walking/biking distance to recreation trail and beaches, Cannery Row, Pebble Beach and Carmel.

Map of 242 Lobos Avenue, Pacific Grove, CA 93950 (Monterey County)

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