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581 Pine

Pacific Grove, CA 93950
  • $9,995,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: ML81882377
UPDATED: 61 min ago
$9,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

PASSIVE VACATION RENTAL COMPLEX INVESTMENT PROPERTY!!!! 581 Pine includes two historical Victorian buildings that include 17 nightly rental units, a common kitchen, dining room, parlor, laundry room, and an 18th permitted unit that is currently under construction. Booked through Airbnb/VRBO, the units have contactless check-ins, remote customer service handled by third party, and a management company that takes care of all the cleaning services. Owner has no W-2 employees! The charming Pacific Grove Inn is a quintessential Pacific Grove property that offers ocean views from some of the units, is just blocks to Lover's Point, and in close proximity to all of the picturesque sites Pacific Grove and Monterey have to offer.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-24T09:48:45.593. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Services.

Licensed in the State of California.
www.greaterbayarearealestate.com/homes/126726321
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581 Pine Pacific Grove, CA 93950

  • Price: $9,995,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 61 min ago
  • ID#: ML81882377
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Forest Ave/Pine Ave
County:
Monterey
Area:
Forest Ave/Pine Ave
Property Description
PASSIVE VACATION RENTAL COMPLEX INVESTMENT PROPERTY!!!! 581 Pine includes two historical Victorian buildings that include 17 nightly rental units, a common kitchen, dining room, parlor, laundry room, and an 18th permitted unit that is currently under construction. Booked through Airbnb/VRBO, the units have contactless check-ins, remote customer service handled by third party, and a management company that takes care of all the cleaning services. Owner has no W-2 employees! The charming Pacific Grove Inn is a quintessential Pacific Grove property that offers ocean views from some of the units, is just blocks to Lover's Point, and in close proximity to all of the picturesque sites Pacific Grove and Monterey have to offer.
Exterior Features

Foundation Concrete Perimeter And Slab Garage Parking Off-Street Parking Roof Wood Shakes / Shingles Sq Ft Yard 0

Interior Features

Cooling None Heating Forced Air Sq Ft Warehouse 0 Structure Sq Ft 9086

Property Features

Accessibility Features Other Additional Listing Info Not Applicable City Limits Yes City Name Pacific Grove Community Name Pacific Grove Inn Facilities 1 Restroom Per UnitFront SignJanitorialKitchenLiving Quarters Lot Size Area Maximum 10883.00 Meters Master ElectricMaster GasMaster Water Present Use Hotel/Motel Restrictions None Security Features Controlled / Secured AccessFire System - Sprinkler Sewer Septic Sewer - Public Sq Ft Source Other Utilities Master MeterPublic Utilities Water Public Zoning R-4

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Patrick Stafford of Baird Partnership, Inc..


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-24T09:48:45.593. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Services.

Licensed in the State of California.
 
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