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    Pacific Grove, CA Apartment Buildings for Sale

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    Corner Lot Multifamily with Garages
    Updated: Jun 17
    Corner Lot Multifamily with Garages

    721 9th Street, Pacific Grove, CA 93950

    $1,500,000
    3,026 sqft
    Six‑unit multi‑family property on a corner lot with shared inner courtyard
    Unit mix includes two 1 bed/1 bath units and four studios totaling 3,026 sq ft
    Five garages plus 727 sq ft of additional storage
    Newer dual pane windows throughout
    Recent exterior painting
    View details
    Turn-Key Renovated Apartment Building
    Updated: Apr 11
    Turn-Key Renovated Apartment Building

    2 Moreland Avenue, Pacific Grove, CA 93950

    Contact for pricing
    Fully renovated 12‑unit multifamily property in Pacific Grove, CA
    Unit mix includes (8) 1 bed/1 bath and (4) 2 bed/1 bath units
    All 12 units have premium interior renovations including stainless steel appliances, new kitchens and bathrooms, and vinyl‑plank flooring
    Exterior renovations include dual‑pane windows, new decking, new landscaping, new driveway, and new electrical
    Tenant billing: tenants pay gas and electric; landlord pays garbage, sewer, and water plus common area maintenance
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Pacific Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    11-Unit Rental Apartment Building
    11-Unit Rental Apartment Building

    1200 W Market Circle, Salinas, CA 93901

    $1,995,000
    5,853 sqft

    Apartment building with 11 rental units on a large lot, offering outdoor space and storage.

    View details
    7-Unit Apartment Investment Property
    7-Unit Apartment Investment Property

    23 Ford Street, Watsonville, CA 95076

    $2,295,000
    4,878 sqft

    Seven-unit multifamily property with updated interior finishes and two newly built 2-bedroom units at the rear.

    View details
    Mixed-Use Income Property with New Roof
    Mixed-Use Income Property with New Roof

    80 Porter Drive A, Watsonville, CA 95076

    $3,100,000
    11,867 sqft

    Income-producing mixed-use building with residential units above long-term commercial tenants and a new 30-year roof.

    View details
    Historic Mixed-Use Multifamily Building
    Historic Mixed-Use Multifamily Building

    301 Main Street, Salinas, CA 93901

    $13,500,000

    Six-story building combines a ground-floor leased restaurant with 50 residential studio units on upper floors.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details

    Off-Market Properties in Pacific Grove, CA

    Consider similar Off-Market properties in Pacific Grove, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    128 19th St
    APARTMENT HOUSE (5+ UNITS)

    128 19th St, Pacific Grove, CA 93950-2657

    $795,000
    Estimated value
    4,797 sqft 0.06 AC lot
    View details
    2711 Ransford Ave
    APARTMENT HOUSE (5+ UNITS)

    2711 Ransford Ave, Pacific Grove, CA 93950-5143

    $1,685,000
    Estimated value
    6,825 sqft 0.22 AC lot
    View details
    2721 Ransford Ave
    APARTMENT HOUSE (5+ UNITS)

    2721 Ransford Ave, Pacific Grove, CA 93950-5141

    $1,210,000
    Estimated value
    6,556 sqft 0.16 AC lot
    View details
    225 Grv Acre Ave
    APARTMENT HOUSE (5+ UNITS)

    225 Grv Acre Ave, Pacific Grove, CA 93950-2346

    $1,470,000
    Estimated value
    2,880 sqft 0.34 AC lot
    View details
    419 Frst Ave
    APARTMENT HOUSE (5+ UNITS)

    419 Frst Ave, Pacific Grove, CA 93950-4231

    Value Estimation by Request
    7,234 sqft 0.18 AC lot
    View details
    410 Central Ave
    APARTMENT HOUSE (5+ UNITS)

    410 Central Ave, Pacific Grove, CA 93950-2836

    $2,005,000
    Estimated value
    2,841 sqft 0.17 AC lot
    View details
    618 Fountain Ave
    APARTMENT HOUSE (100+ UNITS)

    618 Fountain Ave, Pacific Grove, CA 93950

    $2,645,000
    Estimated value
    17,435 sqft 0.57 AC lot
    View details
    188 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)

    188 Laurel Ave, Pacific Grove, CA 93950

    $610,000
    Estimated value
    4,275 sqft 0.23 AC lot
    View details
    David Ave
    APARTMENT HOUSE (5+ UNITS)

    David Ave, Pacific Grove, CA 93950

    Value Estimation by Request
    3,418 sqft 0.26 AC lot
    View details
    585 Ocean Vw Blvd
    APARTMENT HOUSE (5+ UNITS)

    585 Ocean Vw Blvd, Pacific Grove, CA 93950-2648

    $1,520,000
    Estimated value
    9,204 sqft 0.21 AC lot
    View details
    4 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)

    4 Arkwright Ct, Pacific Grove, CA 93950-5331

    Value Estimation by Request
    0.21 AC lot
    View details
    5 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)

    5 Arkwright Ct, Pacific Grove, CA 93950-5358

    Value Estimation by Request
    0.24 AC lot
    View details
    740 Crocker Ave
    APARTMENT HOUSE (100+ UNITS)

    740 Crocker Ave, Pacific Grove, CA 93950-3736

    $3,400,000
    Estimated value
    4,728 sqft 0.55 AC lot
    View details
    845 Lighthouse Ave
    APARTMENT HOUSE (5+ UNITS)

    845 Lighthouse Ave, Pacific Grove, CA 93950-2531

    $2,555,000
    Estimated value
    4,770 sqft 0.18 AC lot
    View details
    765 Lighthouse Ave
    APARTMENT HOUSE (5+ UNITS)

    765 Lighthouse Ave, Pacific Grove, CA 93950-2572

    Value Estimation by Request
    524 sqft 0.28 AC lot
    View details
    200 17th Mile Dr
    APARTMENT HOUSE (5+ UNITS)

    200 17th Mile Dr, Pacific Grove, CA 93950-2441

    $735,000
    Estimated value
    5,313 sqft 0.23 AC lot
    View details
    315 Park St
    APARTMENT HOUSE (5+ UNITS)

    315 Park St, Pacific Grove, CA 93950

    $1,420,000
    Estimated value
    10,368 sqft 0.32 AC lot
    View details
    489 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)

    489 Laurel Ave, Pacific Grove, CA 93950-3444

    $1,490,000
    Estimated value
    2,327 sqft 0.14 AC lot
    View details
    818 Sunset Dr
    APARTMENT HOUSE (5+ UNITS)

    818 Sunset Dr, Pacific Grove, CA 93950-4728

    $925,000
    Estimated value
    8,848 sqft 0.27 AC lot
    View details
    2905 David Ave
    APARTMENT HOUSE (5+ UNITS)

    2905 David Ave, Pacific Grove, CA 93950-5121

    $1,110,000
    Estimated value
    7,086 sqft 0.27 AC lot
    View details
    1000 Sinex Ave
    APARTMENT HOUSE (100+ UNITS)

    1000 Sinex Ave, Pacific Grove, CA 93950

    $12,800,000
    Estimated value
    90,526 sqft 9.19 AC lot
    View details
    217 Lobos Ave
    APARTMENT HOUSE (5+ UNITS)

    217 Lobos Ave, Pacific Grove, CA 93950-3249

    $960,000
    Estimated value
    5,190 sqft 0.12 AC lot
    View details

    Pacific Grove, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Pacific Grove, CA on our real estate platform. These investment opportunities span a total of 3,026 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for two-family homes in Pacific Grove, CA start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 15K
    Population Growth (5Y) -3.8%
    Median Household Income $105,568
    College Educated 87.3%

    High-Yield Neighborhoods for Investment

    Identify Pacific Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93950 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $9.94 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

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