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1229 David Ave
Pacific Grove, CA 93950

Assisted Living | 20-Yr Sale Leaseback Ab NNN · Health Care Property For Sale · 55 Beds

Investment Highlights

  • Premier Assisted Living Facility | Brand New 20-Year Lease | Absolute NNN | Annual Rental Increases | Personally & Corporate Guaranty
  • Strong Demographics In 5-mile Trade Area | Affluent $130,000 AHHI
  • Thriving & Profitable Industry | Baby Boomer Demand

PROPERTY FACTS

Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 0.84 AC
Building Size 16,604 SF
No. Beds 55
No. Stories 1
Year Built 1955

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 007-572-027-000
  • 007-572-002-000
  • 007-572-028-000
  • 007-572-022-000
  • 007-572-023-000
  • 007-572-024-000
  • 007-572-025-000
Land Assessment
$6,278,682
Improvements Assessment
$2,571,346
Total Assessment
$8,850,028

zoning

Zoning Code Group Home
Group Home
  • Listing ID: 24092732

  • Date on Market: 2021-09-14

  • Last Updated:

  • Address: 1229 David Ave, Pacific Grove, CA 93950

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