***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
$1,395,000
150 Lighthouse Ave, Pacific Grove, CA 93950
4beds
3baths
1,693sqft
Triplex, Residential Income
Built in 1951
-- sqft lot
$1,390,000 Zestimate®
$824/sqft
$3,824 Estimated rent
Home value
$1,390,000
$1.21M - $1.60M
$3,824/mo
Zestimate® history
Owner options
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$3,824/mo
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$3,824/mo
Rent Zestimate®
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$8,758/mo
Est. payment
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$8,758/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Annie Youn 01771631 408-561-0468,
New Star Realty Silicon Valley 408-557-8300
Bought with:
Brian Brunetti, 02028412
Sotheby’s International Realty
Source: MLSListings Inc,MLS#: ML81990624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
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, Residential Income
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
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Sold | $1,395,000$824/sqft |
Source:  MLSListings Inc #ML81990624 Report a problem | ||
| 3/11/2025 | Pending sale | $1,395,000$824/sqft |
Source: MLSListings Inc #ML81990624 Report a problem | ||
| 2/14/2025 | Contingent | $1,395,000$824/sqft |
Source: MLSListings Inc #ML81990624 Report a problem | ||
| 1/27/2025 | Listed for sale | $1,395,000+77.7%$824/sqft |
Source: MLSListings Inc #ML81990624 Report a problem | ||
| 12/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/21/2023 | Price change | $2,350+4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2023 | Listed for rent | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2014 | Sold | $785,000-12.3%$464/sqft |
Source: Public Record Report a problem | ||
| 1/5/2006 | Sold | $895,000+43.2%$529/sqft |
Source: Public Record Report a problem | ||
| 8/26/2003 | Sold | $625,000$369/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,429 +5% | $944,942 +2% |
| 2024 | $9,929 -1.5% | $926,444 +2% |
| 2023 | $10,083 +2.1% | $908,309 +2% |
| 2022 | $9,880 +0.5% | $890,529 +2% |
| 2021 | $9,830 +2% | $873,098 +1% |
| 2020 | $9,633 +3.3% | $864,162 +2% |
| 2019 | $9,329 +2% | $847,248 +2% |
| 2018 | $9,145 +1.6% | $830,666 +2% |
| 2017 | $8,998 -0.2% | $814,409 +2% |
| 2016 | $9,020 +1.6% | $798,471 +1.5% |
| 2015 | $8,875 +12.1% | $786,500 +12.1% |
| 2014 | $7,919 | $701,500 +9.4% |
| 2012 | -- | $641,500 |
| 2011 | -- | $641,500 -19.1% |
| 2010 | -- | $792,984 |
| 2009 | -- | $792,984 -15% |
| 2008 | -- | $932,658 +2% |
| 2007 | -- | $914,400 +40.3% |
| 2006 | -- | $651,750 +2% |
| 2005 | -- | $639,000 +2% |
| 2004 | -- | $626,500 +184.8% |
| 2003 | -- | $219,994 +2% |
| 2002 | -- | $215,681 +1.3% |
| 2001 | $2,222 | $212,952 +2.7% |
| 2000 | -- | $207,306 |
Find assessor info on the county website
Neighborhood: Pacific Grove Retreat
Nearby schools
GreatSchools rating
- 8/10Robert Down Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Pacific Grove Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Pacific Grove High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: RobertDownElementary
- Middle: PacificGroveMiddle
- 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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Estimated market value
$1,390,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,390,000
- California
- Monterey County
- Pacific Grove
- 93950
- Pacific Grove Retreat
- 150 Lighthouse Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Pacific Grove Topics
