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Triplex with Ocean Views

114 Carmel Avenue Pacific Grove, CA 93950

114 Carmel Avenue, Pacific Grove, CA, 93950
$2,195,000
For Sale
$2,195,000

Three-unit property with one 3-bedroom, 2-bath unit and two 1-bedroom units, offering views across Monterey Bay.

Property Size2,653 SF
Price / SF$827.37
Days on Market30

Property Features for 114 Carmel Avenue

General Information

Standard status
Active
Size
2,653 SF
Property subtype
Multi Family

Building Details

Year Built
1930
Listing agency Sotheby's International Realty
Listed by Joe Gallagher · License #01962982
Source Exitrealty
Added: Jun 23 Updated: Jul 21 at 11:28PM Checked: Jul 21 at 11:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty


Investment Insights

Based on property information with market context.

This triplex includes three separate units: one owner’s unit with three bedrooms and two bathrooms, plus two additional one-bedroom units. The property also presents an option to restore it as a single-family home. Ocean views across Monterey Bay are a key feature of the layout and setting.

Located at 114 Carmel Avenue in Pacific Grove, the home is described as being literally steps to the Recreation Trail, with views of the coastline. The surrounding area is noted for proximity to Lovers Point, the Monterey Bay Aquarium, dining, a weekly local Farmers Market, and quaint shops.

As currently configured, the building supports a multi-unit income profile with a larger owner-occupied option, while the alternative single-family restoration concept provides flexibility for future use.

Key Highlights

  • 1930‑built three‑unit property with ocean views across Monterey Bay
  • One large 3‑bedroom, 2‑bath owner unit
  • Two additional 1‑bedroom units

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office HVAC Service Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit property with one 3-bedroom, 2-bath unit and two 1-bedroom units, offering views across Monterey Bay.
Where is this triplex located?
The property is located at 114 Carmel Avenue Pacific Grove, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 1930‑built three‑unit property with ocean views across Monterey Bay; One large 3‑bedroom, 2‑bath owner unit; Two additional 1‑bedroom units
Contact an agent
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