902904 19th Street, California, Pacific Grove, 93950 - 4 bed, 2 bath
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This Pacific Grove Duplex is a Strong Value Opportunity listed at $1,399,000, offering exceptional stability right at its $1,399,000 Fair Market Value. Comprising two spacious 2-bedroom units with hardwood flooring, double-paned windows, and indoor laundry, the property carries a Condition Rating of 4, indicating significant upside for forced appreciation through cosmetic modernization. Situated in a prime coastal location near Pacific Grove schools and local shopping, this asset provides a unique "house-hack" or dual-income play. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 902904 19th Street Subject | $1,399,000* List Price | 4 | 2 | 1,928 | $726 | - |
A Cedar Street Sold | $1,360,000 | 4 | 2 | 1,584 | $859 | 0.4 mi |
B 603 Gibson Avenue Sold | $1,220,000 | 3 | 2 | 1,352 | $902 | 0.2 mi |
C 964 Forest Avenue Sold | $1,080,000 | 3 | 2 | 1,632 | $662 | 0.4 mi |
D 860 Sunset Drive Active | $1,295,000 List Price | 3 | 2 | 1,822 | $711 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property features some functional updates like double-paned windows and hardwood flooring, but the vintage infrastructure and 'opportunity' branding suggest it is aged and requires cosmetic or system modernization to meet current market standards.
As a duplex featuring two 2-bedroom units, this property offers excellent versatility for investors seeking rental income or buyers looking for a multi-generational living setup.
Situated in the highly desirable Pacific Grove community, the property is conveniently located near top-rated schools, local shopping, and the scenic Monterey Peninsula coastline.
The units include desirable upgrades such as classic hardwood flooring, energy-efficient double-paned windows, and the convenience of indoor laundry facilities.
Built in 1955, the property may require updates to major systems or cosmetic modernization to meet the expectations of today's luxury coastal buyers.
With only one bathroom per 2-bedroom unit, the layout may be less competitive compared to modern residences that typically offer a higher bathroom-to-bedroom ratio.
Imagine the possibilities that this Pacific Grove duplex offers. Two 2-bedroom units with spacious floorplans, hardwood flooring, double-paned windows, and indoor laundry. Wonderful location. Close to shopping, schools and all that this coastal community offers. Opportunity is knocking! Appointment is necessary to view.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,928 | 1,352 | 80% |
| Lot Size | 6,700 | 4,650 | 78% |
| Price | $1.40M | $1.32M | 57% |
| Price per sq ft | $726 | $1.0K | 10% |
| Built year | 1955 | 1950 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 1503 | 156 | 0% |
Mar 11, 2022
$1,399,000
Initial Listing