2905 David AVE

PACIFIC GROVE, CA, 93950

$3,400,000

$479 per ft²
$3,400,000
$479 per ft²
Active
Active
 - For Sale
carpenters-square
7,086 ft²
property_type
Commercial
calendar
Built 1963
Rarely available 10-unit Pacific Grove apartment complex. Highly sought after by tenants and investors. The property is in Pacific Groves Del Monte Park neighborhood and close to DLI and The Presidio of Monterey. Conveniently located near shopping, bus stops and schools. The unit mix consists of 8 (1) bedroom / one-bath and (2) two-bedroom / one-bath units. Each unit is separately metered for water, gas and electricity. Each unit has its own hot water heater and forced air furnace in the unit. The landlord is responsible for sewer, garbage, and common area PG&E & Water. Positive features include 8 of the 10 units have updated kitchens and bathrooms in the past 7-10 years, some units have Luxury Vinyl flooring throughout and all units have double pane windows. Rental income is based on the August 2022 rent roll.
MLS® ID:
ML81902827
Updated:
8/7/22

Interior Features

Kitchen Features
Countertop - Formica, Countertop - Granite, Countertop - Synthetic, Hood Over Range, Oven Range - Electric, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None
Floor Description
Carpet, Hardwood, Tile, Vinyl / Linoleum
Cooling
None
Heating
Central Forced Air - Gas

Exterior/Building Features

Lot Size
0.27 acres lot
Roof
Rolled Composition, Tar and Gravel
Sewer
Sewer - Public

Other Property Details

Area Name
134
Garage
Yes
Parking
Carport
Parking Total
10.0
View
Y
County
Monterey
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Individual Water Meter, Public
Pool
Yes
Zoning
R-3

 

Courtesy of The Group, eXp Realty of California Inc

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Data last updated 11:08 PM UTC, 8/7/22

 

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