You are a stone's throw from Lover's Point & less than 1 block from the ocean in this rare investment opportunity in Pacific Grove. This tri-plex boasts an upstairs 2bd/2ba unit with 2 large bedrooms, bay views through the expansive picture windows as well as a long, ample balcony that lets in the ocean breeze and salty air. Your tenants can listen to the seagulls coo while having their morning coffee in the lovely great room that exudes charm & character. The 2 downstairs units are each 1 bd/1ba with sliding doors leading to a private back yard patio. Both downstairs units are updated with clean bathrooms & kitchens. The upstairs unit is currently a permitted & successful short term rental. The location of this property is prime... walk to restaurants, the beach, rec trail, farmer's market OR bike to both Asilomar & the Aquarium (& all that Cannery Row has to offer) - attractive & perfect for short term renters & long term ternants. This peak property is a once-in-a-lifetime find!
Off market
Zestimate®
$1,597,700
735 Mermaid Ave, Pacific Grove, CA 93950
4beds
1,760sqft
SingleFamily
Built in 1962
1,794 Square Feet Lot
$1,597,700 Zestimate®
$908/sqft
$2,115 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall, Gas
Cooling
- None
Appliances
- Included: Garbage disposal, Range / Oven, Refrigerator
- Laundry: Gas Hookup, Electricity Hookup (220V)
Features
- Flooring: Tile, Carpet, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 1,760 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Fencing: Fenced, Wood
Lot
- Size: 1,794 sqft
Details
- Parcel number: 006074023000
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1962
Utilities & green energy
- Utilities for property: Public Utilities
Community & neighborhood
Location
- Region: Pacific Grove
Other
Other facts
- Bathroom: Stall Shower, Shower and Tub
- Family Room: No Family Room
- Building Type: Detached
- Listing Class: Residential
- Dining Room: Dining Area in Living Room
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Roof: Tar and Gravel
- Flooring: Tile, Laminate, Carpet
- Kitchen: Garbage Disposal, Oven Range, 220 Volt Outlet, Countertop - Tile, Oven Range - Electric, Hood Over Range, Cooktop - Gas, Countertop - Formica, Refrigerator, Skylight
- View: Bay, Ocean, Neighborhood
- Energy Features: Tankless Water Heater
- Foundation: Concrete Slab
- Water: Public
- Bedrooms: Ground Floor Bedroom
- Listing Type: Exclusive Right to Sell
- Heating: Wall Furnace
- Utilities: Public Utilities
- Sewer Septic: Sewer - Public
- Fencing: Fenced, Wood
- Structure SqFt Source: Other
- Garage Parking Features: On Street
- Style: Bungalow
- Amenities Misc.: Open Beam Ceiling
- HOA Exist Y/N: 0
- Additional Listing Info: Not Applicable
- Laundry: Gas Hookup, Electricity Hookup (220V)
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,597,700
2% more+$31,954
With Zillow Showcase(estimated)$1,629,654