Pacific Grove, CA 93950,2905 David AVE
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Pacific Grove, CA 93950,2905 David AVE
Pacific Grove, CA 93950,2905 David AVE
Pacific Grove, CA 93950,2905 David AVE
Pacific Grove, CA 93950,2905 David AVE

$3,390,000

Est. payment /mo

$3,400,000

0.3%
Est.Price: ?

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2905 David AVE Pacific Grove, CA 93950

0.27 Acres Lot

SOLD DATE : 09/07/2022

Key Details

Sold Price $3,390,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81902827

Sold Date 09/07/22

HOA Y/N No

Year Built 1963

Annual Tax Amount $37,400

Lot Size 0.268 Acres

Property Description

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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning R-3

Interior

Cooling None

Fireplace No

Laundry None

Exterior

Carport Spaces 10

Roof Type Tar/Gravel

Total Parking Spaces 10

Building

Water Public

Schools

School District Other

Others

Tax ID 007634001000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by The Russell Group • eXp Realty of California Inc
Bought with Marielena Carriglio • Coast Realty and Property Management

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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