This Multifamily Property is Off-Market.

242 Lobos Avenue
Pacific Grove, CA 93950 ·

4 Units · Multifamily For Sale

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242 Lobos Avenue

Price N/A Property Use Type Investment
No. Units 4 Commission Split 3%
Building Size 2,173 SF Cap Rate 5%
Property Type Multifamily Lot Size 6,700 SF
Property Sub-type Duplex/Triplex/Fourplex APN / Parcel ID 006-301-006
Listing ID: 18239865 Date Created: 06/27/2013 Last Updated: 03/04/2014

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.

Research

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

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