Charming Multi Unit in a prime Pacific Grove location! First time on the market, this exceptional property is a gem. Nestled between Lighthouse and Pine, this multi unit home features 3 thoughtfully updated 1bd/1ba units, each showcasing modern amenities while preserving the home's original charm. Unit 1 approx. 686 sf is spacious and boasts beautiful hardwood floors, quartz countertops, and a Wolf range. Stunning stained-glass windows add a unique touch, enhancing the overall beauty of the space. Unit 2 approx. 485 sf is a cozy retreat featuring hardwood floors and quartz counters, a new GE stove and a charming loft area perfect for extra storage or a cozy reading nook. The studio with approx. 296 sf is a compact yet stylish space with laminate flooring, a small kitchen with quartz counters and a loft. All units maximize storage, ensuring functional living spaces. Outside, youll find a quaint backyard complete with a lovely garden and a charming She Shed. Close to town and beaches.
A rare opportunity to own a 12-unit complex located in the iconic waterfront city of Pacific Grove. This trophy property provides investors an asset with tremendous presence, character, and scale in the city's most dynamic location. Strategically located in a popular coastal town known for its vibrant tourism and strong rental market, this property is an attractive opportunity for investors seeking both immediate returns and long-term growth. Luxury coastal living with a highly walkable and accessible location close to beaches, recreation trails, everyday shopping, casual restaurants, and world class attractions Unit amenities include hardwood floors, high ceilings, and spacious floor plans. Unique architectural design, provides large windows allowing plenty of natural light, spacious closets, and efficient layouts. Attractive to long-term tenants, residents can enjoy incredible access to neighborhood amenities and transportation. Property within walking distance to the Pacific Grove Unified School District (Pacific Grove High School, Pacific Grove Middle School, Robert Down Elementary School, and Forest Grove Elementary School). Investors seeking a product and location that is irreplaceable, with value-add potential, will strongly consider this once in a lifetime investment.
Open House:
Saturday, 11/16 1:00-3:00PM
Charming multi-unit property in Pacific Grove, the last hometown. Discover a unique investment opportunity in one of the most picturesque locations on the California coast. This well-maintained multi-unit property offers the perfect blend of beachside living and rental income potential. Features: Location: Just a short stroll from the beach in the desirable Pacific Grove area. Units: 3 separate units providing versatile living and rental options. Unit 1: Spacious 2-bedroom, 1-bathroom ideal for living comfortably while enjoying coastal views. Unit 2: Cozy 2-bedroom, 1-bathroom perfect for generating rental income. Unit 3: Charming 1-bedroom, 1-bathroom another excellent source of rental income. Highlights: Income Potential: Live in one unit and rent out the other two to maximize your investment. Investment Opportunity: Multi use, residential/commercial opportunities . Reason to Love : Pacific Grove is known for its serene environment, charming neighborhoods, and close-knit community. This property offers a unique chance to experience all the perks of coastal living while leveraging rental income to offset your living expenses. Enjoy the convenience of walking a few blocks to the beautiful Pacific Grove coastline. Send us an offer!
This newly remodeled home and attached apartment are ready for showing. The property has all living space on the ground level. Highly rated Pacific Grove schools are a short distance. Unit A is a 1,140 sq. ft. three-bedroom/ one & half bathroom fronting on Congress. The new kitchen has GE stainless steel appliances and a new quartz countertop. A new GE clothes washer and dryer are installed in the laundry room, which is accessible from the kitchen. The living room is light and bright. The primary bedroom has a half bath. Water credits are available for adding a shower. Unit B is a 596 sq. ft one-bedroom / one-bathroom unit in the rear of the property. This unit has direct access to a one-car garage with washer and dryer hookups. The kitchen is spacious, with room for a sit-down dining table. Unit A also has a one-car garage. Other positive features are the new roof (2015), copper plumbing, and separate metering for PGE & water- both units.
This ranch home is a legal duplex, just a short scenic stroll to the beach. First time available in 30 years, 3 bed, 2 bath in front unit and 2 bed, 1 bath unit in back, separated by a breeze way. Both units have a separate entrance, living room with fireplace, full kitchen, and private outdoor space. You will love the quarter acre of mature gardens, fruit trees, deer resistant vegetable gardens, and large deck perfect for entertaining! Great potential to remodel or move in and enjoy.
Adorable duplex cottage in Pacific Grove, great income potential, live in one side and enjoy the rental income from the other side. Both units have their own washer/dryer hookups in garage. Owner lives in one side, rents the other at below market price. Nice side yard with beautiful oak tree, great for barbeque or entertaining. Close to shopping, beach, Monterey Bay Aquarium, restaurants and walking path.
For the multigenerational family looking to stay together, this is the perfect place for you! This amazing home with gorgeous bay views offers three separate living areas. Each has its own exterior entrance, kitchen, bedrooms, bathroom and laundry area, with interior accesses as well. Remodeled in '99, new roof in '05, and the walkout basement was beautifully remodeled just 5 years ago. Charming front door, coved ceilings, wood floors, dual pane windows, full of natural light, recessed accent lighting and dimmer switches, newer carpet, cedar lined closets throughout, built-in shelving and cabinets, lath and plaster quality construction and newer deck. Outside is the sunny lawn area and barbecue area with picnic bench. Located near town, beach, Monterey Bay Aquarium, historic Cannery Row and Old Fisherman's Wharf. Enjoy Carmel white sand beaches, Pebble Beach golf courses and the Monterey Peninsula Airport making this a perfect vacation home! Buyer to verify all info and measurements.
The median home value in Pacific Grove, CA is $1,406,000. This is higher than the county median home value of $764,900. The national median home value is $338,100. The average price of homes sold in Pacific Grove, CA is $1,406,000. Approximately 38.23% of Pacific Grove homes are owned, compared to 43.57% rented, while 18.2% are vacant. Pacific Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pacific Grove real estate agent to arrange a tour today!
Pacific Grove, California has a population of 15,169. Pacific Grove is less family-centric than the surrounding county with 26.9% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Pacific Grove, California is $92,980. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Pacific Grove is 48 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.7 degrees. The average rainfall is approximately 18.3 inches per year, with 0.1 inches of snow per year.