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Duplex with Water Views
For Sale
$1,349,000
Pending

136 2nd Street, Pacific Grove, CA 93950

Historic two-level property offering flexible residential use near Pacific Grove destinations and the Monterey Bay shoreline.

Property Size1,609 SF
Days on Market366

Property Features for 136 2nd Street

General Information

Standard status Pending
Size 1,609 SF
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $671

Building Details

Year Built 1920
Listing Agency: Platinum One Real Estate
Listed By: The Debby Beck Group · License #70010203
Source: Exitrealty
Added: Aug 30, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:20AM

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 Platinum One Real Estate

Investment Insights

Based on property information with market context.

Built in 1920, this 1,609-square-foot duplex includes three bedrooms and two bathrooms. The upper residence features vaulted ceilings, expansive picture windows, and views toward the water. At the lower level, an open-concept layout is complemented by a brick fireplace and an outdoor courtyard.

The property is positioned near the Bike Trail, Monterey Bay Aquarium, and Downtown Pacific Grove, placing several established destinations within a short walk. Its existing duplex configuration also provides the option to use the property as a single-family residence.

Key Highlights

  • 1,609‑square‑foot duplex built in 1920
  • Three bedrooms and two bathrooms
  • Upper unit with vaulted ceilings, large picture windows, and water views

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Dental Office Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,616
Businesses Nearby

Demographics for 93950, CA

15,082
Population
8,315
Households
1.8
Avg Household Size
49
Median Age
58%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
5,386
Density / Sq Mi
$105,568
Median Household Income
$62,185
Median Earnings
$2,384
Median Rent
$1,129,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Historic two-level property offering flexible residential use near Pacific Grove destinations and the Monterey Bay shoreline.
Where is this duplex located?
The property is located at 136 2nd Street Pacific Grove, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 1,609‑square‑foot duplex built in 1920; Three bedrooms and two bathrooms; Upper unit with vaulted ceilings, large picture windows, and water views
More about this property
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