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Multifamily Property with Detached House
For Sale
$1,930,000

911 Lighthouse Avenue Pacific, Pacific Grove, CA 93950

The property combines apartment units with a separate one-bedroom house and includes covered parking and laundry facilities.

Property SizeContact for details
Days on Market112

Property Features for 911 Lighthouse Avenue Pacific

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Ocean Views
Laundry Facility
Covered Parking
Forced Air
Washer/Dryer
Public Utilities, Water - Public, Tar/Gravel

Building Details

Year Built 1959
Listing Agency: Baird Partnership
Listed By: Peter Baird · License #00533485
Source: Kw
Added: Jun 18 Changed: Oct 6 Last Checked: Oct 5 at 5:11PM

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 Baird Partnership

Investment Insights

Based on property information with market context.

Built in 1959, this multifamily property includes 2/1 units and a separate 1/1 house. On-site features include a laundry facility, covered parking, forced-air heating, and washer/dryer equipment. Public water and utilities serve the property, and ocean views are noted.

The property is in Pacific Grove, near downtown PG.

Key Highlights

  • Unit mix includes 2/1 units and a standalone 1/1 house
  • Ocean views
  • Laundry facility and covered parking

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Dental Office Bakery Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,052
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - The property combines apartment units with a separate one-bedroom house and includes covered parking and laundry facilities.
Where is this multifamily property located?
The property is located at 911 Lighthouse Avenue Pacific Pacific Grove, CA.
What is the asking price?
The asking price for this property is $1,930,000.
What are key features of this property?
This property features: Unit mix includes 2/1 units and a standalone 1/1 house; Ocean views; Laundry facility and covered parking
More about this property
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