735 Mermaid Ave., Pacific Grove, CA 93950 - ML81800036 - iPro Real Estate
iPro Real Estate

iPro Real Estate

735 Mermaid Ave.
Pacific Grove, CA 93950

Pending, Single-Family Sale

For Sale

$1,200,000 $681.82 per sqft

Free Professional CMA

Listing ID : ML81800036

  • Beds

    4
  • Baths

    4/0
  • Structure / Lot Size

    1,760 Sqft / 0.0412 Acre
  • Year

    1962

Description

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!

Details

Type: Single-Family Sale 
Subdivision: Beach Tract/fairway Homes 
MLS Area: Beach Tract/Fairway Homes 
County: Monterey 
Tax ID: 006-074-023-000
School District: Pacific Grove Unified
Building Type: Detached 
Building Size: 1,760 SqFt 
Days on Market: 565 
Amenities: Open Beam Ceiling 
Cooling: None 
Energy Saving: Tankless Water Heater 
Flooring: Carpet, Laminate, Tile 
Foundation: Concrete Slab 
Heating: Wall Furnace  
Horse Property: No
Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Formica, Countertop - Tile, Garbage Disposal, Hood Over Range, Oven Range, Oven Range - Electric, Refrigerator, Skylight 
Laundry: Electricity Hookup (220V), Gas Hookup 
Property Type: Residential Sale 
Roof: Tar and Gravel 
Sewer: Sewer - Public 
Style: Bungalow 
Sub Type: Single Family Home 
Utilities: Public Utilities 
View: Bay, Neighborhood, Ocean 
Water: Public 

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Interactive

36.627102 -121.92038 $1,200,000 ML81800036
735 Mermaid Ave., Pacific Grove, CA 93950
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Area Information 93950

Population:

15,853 Up .04% since 2010
Average Income:
$123,187
Average Age:
50Years
Gender:
46.35%Male
53.65%Female
Households:
7,49919.95% with children
Average Value:
$1,306,549
Occupancy:
45.09%Owned
54.91%Rented
15.17%Vacant
Education:
15.74%High School
9.11%Associate
29.17%Bachelor
23.73%Graduate
Average Residency:
18Years
Crime Rate:
Average
Annual Rainfall:
18.56Inches
Earthquake Risk:
Very High
Ozone Risk:
Below Average
Pollution Risk:
Average
Tornado Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Jul 06, 2020
Transaction
Canceled - ResidentialML81799803
Price
$1,200,000
Mortgage Amt & Lender
- -
Date
Mar 31, 2017
Transaction
Canceled - ResidentialML81634174
Price
$1,070,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by The Jacobs Team with KW Coastal Estates

Based on information from the MLSListings MLS) as of 1/22/2022. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 1/22/2022. 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. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes