Asking Price: $2,050,000

Mahoney & Associates is proud to present to the market the opportunity to acquire a 7-unit apartment complex in Pacific Grove. 410 Central Ave is a 2 story multi-unit apartment building with a total of 7 units, each of which have their own kitchen, bathroom and heating units. The complex was originally built as a single-family residence in 1915, and is on the Historical Resource Inventory, giving a buyer the unique opportunity to restore this to its original splendor as a residence, or continue to utilize it as a multi family opportunity. The property is on an oversized lot of 7,200 s.f. Zoning for the property is R-3-P.G.R., allowing for other myriad uses including the possibility of a bed and breakfast use after securing a use permit. The property is conveniently situated one block from Berwick Park, the Monterey Bay Coastal Trail and the ocean, and just 5 short blocks to downtown Pacific Grove, giving residents walking access to dining, shops and recreation.