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2 MORELAND AVENUE, PACIFIC GROVE, 93950

$3,925,000

  • 6,281 sqft
  • Commercial /Five or More Units
2 MORELAND AVENUE, Pacific Grove, CA for sale.
2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
                                  2 MORELAND AVENUE, Pacific Grove, CA for sale.
Courtesy of Sridhar Equities, Inc.
A gem of an apartment asset located in highly desirable Monterey Peninsula location. The property sits in beautiful Pacific Grove, located just minutes away from world-renowned golf and travel destinations- Spanish Bay, Pebble Beach, Carmel Valley, and much more! The property has been tastefully renovated, boasting full occupancy with premium interior finishes (stainless steel appliances, new kitchens, new bathrooms, vinyl-plank flooring, etc.) in ALL 12 units, complimented by a gorgeous exterior renovation (dual pane windows, new decking, new landscaping, new driveway, new electrical, etc.). The unit mix consists of (8) 1 bed/1 bath units and (4) 2 bed/1 bath units. 4 units have private backyards. Local employers- including Defense Language Institute, Naval Postgraduate School, among many others- provide solid base of well qualified tenants. Located within superior Pacific Grove Unified School District. Priced at a 4.7% cap rate on CURRENT income with upside potential.
Last updated on 5/20/2018
Courtesy of Sridhar Equities, Inc.

More Details for 2 MORELAND AVENUE

Property Class: Commercial Multi-Residential
Listing Status: Active
City: Pacific Grove
State: CA
Zip: 93950
Area: 134 - Del Monte Park
County: Monterey
Class: Commercial
Property Subtype: Five or More Units
Approx Lot Size: 0.264
REO/Bank Owned:No
Property Sub Type Descr: Five or More Units
Garage:No
Parking Total:11.00
Living Area (SqFt): 6,281 sqft
Lot Size Area Sq Feet: 11500.00
Lot Size Area Acres: 0.26400
Property Tax: $42,902
REO/ Bank Owned: No
REO:N/A
Short Sale:N/A
Listing#: 81702072
Parcel Number: 007634013000
Year Built: 1964
List Date: 4/23/2018

Features for 2 MORELAND AVENUE

Cooling: Central Forced Air - Gas
Garage Style: Off-Street Parking, On Street
Laundry Room Descr: Coin Operated
Utilities Water: Public
Disability Features: Other
Foundation: Concrete Slab
Roof: Composition
Utilities Sewer: Sewer - Public
Floors: Slate
Heating: Central Forced Air
Rooms Kitchen Description: Cooktop - Gas, Countertop - Granite, Hood Over Range

Documents for 2 MORELAND AVENUE

Community around 2 MORELAND AVENUE

Schools near 2 MORELAND AVENUE

What's near 2 MORELAND AVENUE

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