224230 16th Street, Pacific Grove, CA 93950

$6,000,000 Asking Price

8 beds
8 baths
4,930  sqft
Built in 1911

6 Houses For 6 Million Dollars! Situated on 8400 square feet in the heart of downtown Pacific Grove. There are six houses/seven units consisting of a beautiful victorian duplex, four 1 bed/1 bath cottages and a charming single family residence with a backyard. At one time these were rentals W.R. Holman, of Holmans Department store. In the C-D (Commercial Downtown) zone. Possible Bed and Breakfast with an administrative permit creating short term rental potential. Live in one rent the others. Imagine the possibilities. Photos are from 2015 and two buildings are in the process of being painted.


Features & Amenities

Interior

Flooring:
Carpet,Wood
A/C:
true, None
Heating:
true, Floor Furnace,Wall Furnace
Disability Feature:
None

Exterior

Parking:
Off Street, Parking spaces: 1

Construction

Roofing:
Composition
General:
1, Concrete Perimeter

Location

Originating MLS:
CRMLS
School District:
Other
County:
Monterey

Lot

Zoning:
C-D, 006294008000

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS
Buyers Agent Compensation:
2.500

This listing courtesy of:
Sotheby's International Realty, Courtney Stanley

About Pacific Grove, CA

Housing

Number of Units
8,467
Median Home Value
$927,624
Median Rent
$1,865

53.72% of housing units are renter occupied.

16.30% are vacant.

Commute

Car
50.02%
Public Transportation
0.30%
Walk to Work
2.35%
Work from Home
45.25%
Other
0.14%

The median travel time to work is 12 minutes.

People

Population
15,069
Median Age
46.80
Median Household Size
2.32

Education

High School
11.23%
Associate’s Degree
9.83%
Bachelor’s Degree
26.61%
Graduate Degree
28.10%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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