CA
Monterey
PACIFIC GROVE
93950
410 Pine Avenue
410 Pine Avenue, PACIFIC GROVE, CA 93950
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Listing Type
Multi Family
Listing Status
Active
43
$2,399,000

Home Details for 410 Pine Avenue

Price
$2,399,000
Type
Residential Income
Square feet
3528
Year built
1929
County
Monterey
Basement
Finished, Crawl Space
Days on site
12
MLS Listing#
ML82041058
Listed By: eXp Realty of Northern California, Inc. - 888-832-7179
Listed By: Jorge Zamora-guerrero
Property Description

Investor Special | Prime Location Near Downtown Pacific Grove One of the strongest rent rolls for a triplex on the Monterey Peninsula this rare multi-unit property is just blocks from downtown and presents an outstanding opportunity in one of the Monterey Peninsulas most desirable rental markets. With rental income near $11,000/month, it offers strong in-place cash flow with long-term upside. Featuring three separate units, each with private entrance, kitchen, bedrooms, bathroom, laundry, and separate metering ideal for flexible rental strategies and income stability. Interior access between levels adds additional versatility. Recent updates include improvements to the sewer lateral, appliances, flooring, lighting, water softner system, tesla level 2 charger, water heaters. Outdoor spaces with deck, lawn, and entertaining areas further enhance tenant appeal. Minutes from Cannery Row and Monterey Bay Aquarium. Estimated ~5 % cap rate (buyer to verify). Ideal for investors or 1031 exchange buyers seeking a well-located, income-producing coastal asset.

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Property Features
  • House Interior
    • Wet Bar
    • Pantry
    • Walk-In Closet(s)
  • Heating Information
    • Central
    • Forced Air
  • Basement
    • Finished
    • Crawl Space
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • On Street
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-05-22 10:40:25
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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