J.R. Rouse, Sotheby's International Realty – 3775 Via Nona Marie, Suite 100
489 Laurel Avenue, Pacific Grove, CA 93950
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$1,478,000 |
641031666000
Mortgage
$6,347/mon
Pacific Grove vintage Ocean/Bay view Victorian circa 1895. Multi-Family, offering 4-Units, some units offer Ocean/Bay views. Units: A- 2bed/1ba, B- 2Bed/1.1 ba, C- 2bed/1 ba, D- Studio / 1 ba. Two garages on property; 1- 2 car garage and 1- 1 car garage. Shared Laundry area offering 1 set of coin operated washer/dryer. A must see to appreciate. In town living and income to boot!
LISTED BY
JR Rouse,
Intero Real Estate Services
jrrouse@intero.com
Buyer/Sale agent: Kevin Cesario,
ADVERTISING AGENT
J.R. Rouse, Sotheby's International Realty – 3775 Via Nona Marie, Suite 100
Property details
Common
Area: - Forest Ave/Pine Ave 130
Age: 127
Approx. Acr: .14acres
Approx. Bldg: 3166
Approx. Lot: 6,000sq. ft.
Days On Website: 82
List Date: 11/10/2020
MLS#: ML81819747
Number of Buildings: 1
Price per sq. ft.: $466
Sale Date: 03/17/2021
Sale Price: $1,478,000
Status: Sold
Type: Fourplex
Year Built: 1895
Specific
Annual Gross Income: $84,492
Annual Total Expenses: $32,753
Capitalization Rate: 3.05
Cross Street: 14th St
Financial Data Source: Accountant, Property Manager
Gross Rent Multiplier: 20.06
Income Annual Rental: $83,856
Income Gross Scheduled: $84,492
Income Includes: Coin Operated Equip, Laundry, Other
Income Other: 636
Zoning: R1-4
Elementary School District: Pacific Grove Unified
High School: Pacific Grove High
High School District: Pacific Grove Unified
Units
Unit 1
- Bathrooms Full: 1
- Beds#: 2
- Rent: $1,850
- Sqft: 953
Unit 2
- Bathrooms Full: 1
- Bathrooms Half: 1
- Beds#: 2
- Rent: $1,825
- Sqft: 916
Unit 3
- Bathrooms Full: 1
- Beds#: 2
- Rent: $1,800
- Sqft: 872
Unit 4
- Bathrooms Full: 1
- Rent: $1,213
- Sqft: 418
Features
City Limits: Yes
Cooling: None
Flooring: Carpet, Tile, Vinyl/Linoleum
Foundation: Concrete Perimeter and Slab
Garage Parking: On Street
Heating: Central Forced Air - Gas, Electric, Other
Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator (s), Varies by Unit
Listing Includes: Oven/Range - All Units, Refrigerator - All Units
Meters: Master Water, Separate Electric, Separate Gas
Roof: Composition
Security Features: None
Sewer Septic: Sewer - Public
View: Bay, City Lights, Downtown, Mountains, Ocean, Water
Water: Public
Description
Additional Listing Info: Not Applicable / Not Disclosed
Annual Oper. Expenses Include: Services - Trash Removal, Utilities - Water
Disclosures Hazard: Fault Zone - See Report, Flood Zone - See Report
Tenant Pays: Miscellaneous/Other, Utilities - Electric, Utilities - Gas
