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5-Unit Apartment Building
New
For Sale
$2,600,000

950 Lighthouse AVE, Pacific Grove, CA 93950

A fourplex and a newly added accessory dwelling unit provide five two-bedroom residences.

Property Size3,552 SF
Days on Market7

Property Features for 950 Lighthouse AVE

General Information

Standard status Active
Size 3,552 SF
Property subtype FiveOrMoreUnits

Units

Unit Mix 5 x 2BR
Multifamily Units 5

Additional Details

Road Access Yes

Amenities

private garages
large decks

Building Details

Building Size 3,552 SF
Year Built 1958
Listing Agency: Real Brokerage Technologies
Listed By: The C Group · License #70010221
Source: Carmelvalleyrealtycompany
Added: Oct 26 Changed: Oct 31 Last Checked: Oct 30 at 7:18PM

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 Real Brokerage Technologies

Rey
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Investment Insights

Based on property information with market context.

This Pacific Grove apartment property contains five two-bedroom units, arranged as a fourplex with an additional ADU. The building dates to 1958, and each residence has a private garage and a deck.

The property is on Lighthouse Avenue, within walking distance of downtown Pacific Grove, the ocean, Pacific Grove Golf Course, and a scenic bike path.

Key Highlights

  • Five 2‑bedroom units: a fourplex plus a newly added ADU
  • Private garage and deck for each unit
  • Built in 1958

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A fourplex and a newly added accessory dwelling unit provide five two-bedroom residences.
Where is this apartment building located?
The property is located at 950 Lighthouse AVE Pacific Grove, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Five 2‑bedroom units: a fourplex plus a newly added ADU; Private garage and deck for each unit; Built in 1958
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