Choice triplex with 3, 2-bedroom units plus 3-car garage. 2 units interiors recently remodeled. All rentals units in good condition. Gross rental income = $7,750 per month. Prime location near ocean, downtown and Lover's Point. Individual electric, gas and water meters. Fully occupied. High demand rental area. Pacific Grove is referred to as "The Last Hometown". This is a wonderful investment!
Sold for $1,700,000 on 01/31/24
$1,700,000
147 12th St, Pacific Grove, CA 93950
--beds
--baths
2,646sqft
Triplex, Residential Income
Built in 1962
-- sqft lot
$1,849,600 Zestimate®
$642/sqft
$3,116 Estimated rent
Home value
$1,849,600
$1.63M - $2.09M
$3,116/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 03, 2025 at 08:52pm
Listed by:
Earl Meyers 00854147 831-601-9999,
Bliss by the Sea Realty 831-601-9999
Bought with:
Janet Simas, 00408408
Spirit Properties
Source: MLSListings Inc,MLS#: ML81949761
Facts & features
Interior
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Oven/Range, Refrigerator, Washer/Dryer Some Units
Features
- Flooring: Carpet, Laminate
- Doors: None
Interior area
- Total structure area: 2,646
- Total interior livable area: 2,646 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Attached, On Street
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 3,600 sqft
- Features: Level
Details
- Parcel number: 006193009000
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Gas: IndividualGasMeters, NaturalGas, PublicUtilities
- Water: Public
- Utilities for property: Natural Gas Available, Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: Pacific Grove
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2024 | Sold | $1,700,000+78.9%$642/sqft |
Source:  MLSListings Inc #ML81949761 | ||
| 7/1/2014 | Sold | $950,000+26.7%$359/sqft |
Source: Public Record | ||
| 4/6/2011 | Sold | $750,000$283/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,085 +59.2% | $1,735,000 +54.9% |
| 2024 | $11,991 -1.6% | $1,120,361 +2% |
| 2023 | $12,187 +2.1% | $1,098,413 +2% |
Find assessor info on the county website
Neighborhood: Pacific Grove Retreat
Nearby schools
GreatSchools rating
- 7/10Robert Down Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10Pacific Grove Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Pacific Grove High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- High: PacificGroveHigh
- District: PacificGroveUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,849,600
2% more+ $36,992
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$1,886,592