***Welcome to Investors Dream Opportunity: Ocean View Triplex in Pacific Grove! *** This fully occupied triplex in the heart of Pacific Grove offers an exceptional investment opportunity with breathtaking ocean views and an unbeatable location just moments from vibrant shops, renowned restaurants, and the world-famous Monterey Bay Aquarium. With 100% occupancy, the property guarantees immediate rental income, while its prime location enhances its long-term value and appeal. The property boasts beautifully remodeled kitchens and updated upstairs bathrooms, elevating functionality and aesthetics. A coin-operated laundry facility provides added convenience for tenants while generating an additional income stream. For added peace of mind, a French drain has been installed for optimal drainage, and a secure two-car garage offers valuable parking space for tenants. Offered at $1,395,000, this triplex presents a rare opportunity to capitalize on Pacific Grove's thriving rental market, consistent occupancy, and strong income potential. With its stunning ocean views, desirable location, and impressive upgrades, this property is a true gem in one of the Monterey Peninsulas' most sought-after neighborhoods. Act quickly; this opportunity won't last long.
Sold for $1,395,000 on 03/20/25
$1,395,000
150 Lighthouse Ave, Pacific Grove, CA 93950
--beds
--baths
1,693sqft
Triplex,
Built in 1951
-- sqft lot
$1,389,400 Zestimate®
$824/sqft
$4,333 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:54am
Listed by:
Annie Youn 01771631 408-561-0468,
New Star Realty Silicon Valley
Bought with:
Brian Brunetti, 02028412
Sotheby’s International Realty
Source: MLSListings Inc,MLS#: ML81990624

Facts & features
Interior
Kitchen
- Features: Countertop_Granite, Countertop_Synthetic, ExhaustFan, PantryCabinet
Heating
- Other, Wall Furnace
Cooling
- Ceiling Fan(s)
Appliances
- Included: Gas Cooktop, Exhaust Fan, Range Hood, Other, Built In Oven, Refrigerator, Washer/Dryer
- Laundry: Coin Operated
Features
- Walk-In Closet(s)
- Flooring: Hardwood, Other, Tile
- Doors: Other
Interior area
- Total structure area: 1,693
- Total interior livable area: 1,693 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 2
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 4,042 sqft
Details
- Parcel number: 006239012000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex,
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1951
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Pacific Grove
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,389,400
2% more+ $27,788
With Zillow Showcase(estimated)
$1,417,188