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581 Pine

Pacific Grove, CA 93950
  • $9,995,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: ML81882377
UPDATED: 45 min ago
$9,995,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,086
    SQFT
  • $1,100
    $/SQFT
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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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-05-20T16:38:54.193.

www.tomschieberteam.com/homes/126728178
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581 Pine Pacific Grove, CA 93950

  • Price: $9,995,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 45 min ago
  • ID#: ML81882377
0
Beds
0
Baths
0
½ Baths
0.25
Acres
9,086
SQFT
$1,100
$/SQFT
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

Lot Size Area 0.25 Parking Spaces Total 13

Interior Features

Building Area Total 9086 Heating Forced Air Heating YN Yes

Property Features

Age 122 Electric On Property YN No For Sale Or Rent For Sale Present Use 277791 Property Sub Type Comm Ind For Sale Security Features Fire Sprinkler System Zoning R-4

Listing courtesy of Patrick Stafford of Baird Partnership, Inc..


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-05-20T16:38:54.193.

 
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