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Victorian Apartment Building
New
For Sale
$2,300,000

16th, Pacific Grove, CA 93950

ResidentialIncome, Victorian, PacificGrove, CA

Property Size2,630 SF
Lot Size0.11 Acres
Price / SF$874.52
Days on Market5

Property Features for 16th

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Parking features On Street, Garage
Elementary school PacificGroveUnified
High school PacificGroveUnified
Elementary school district PacificGroveUnified
High school district PacificGroveUnified
Subdivision CentralAveDowntown
Standard status Active
APN 006-156-019-000
Size 2,630 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1894
Flooring type Linoleum, Hardwood
Roof type Composition
Architectural style Victorian
Buildings 1
Listing Agency: Carmel Realty Company
Listed By: Williams & Tollner · License #70017496
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 6 at 5:06AM
MLS# ML82066370

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1894, this Victorian apartment property contains 2,630 square feet across six units: five studios and one one-bedroom apartment. Some units have ocean views. The exterior was recently repainted, and the building features hardwood and linoleum flooring. A garage and on-street parking are listed; public water and sewer serve the property. The site measures 0.1102 acres and is zoned R3.

The property is half a block from Lovers Point beach, with coastal recreation, dining, shops, and a recreation trail in the surrounding area. It is located in Pacific Grove, Monterey County.

Key Highlights

  • Six apartments: five studios and one one‑bedroom unit
  • 2,630 square feet; built in 1894
  • 0.1102‑acre site zoned R3

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,080
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six rental units include five studios and a one-bedroom apartment in Pacific Grove.
Where is this apartment building located?
The property is located at 16th Pacific Grove, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Six apartments: five studios and one one‑bedroom unit; 2,630 square feet; built in 1894; 0.1102‑acre site zoned R3
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