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    Pacific Grove, CA
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    Pacific Grove, CA Multifamily Properties for Sale

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    Monterey, CA Pebble Beach, CA Seaside, CA Carmel, CA Marina, CA Carmel Valley, CA Carmel Highlands, CA Salinas, CA
    Mixed-Use Building with Retail & Apartments
    Updated: Jun 11
    Mixed-Use Building with Retail & Apartments

    1157 Forest AVE, Pacific Grove, CA 93950

    $2,988,000
    0.51 AC lot
    8,402 SF mixed‑use building on a 22,651 SF lot, built in 1982
    Currently occupied by nine tenants, including a pizzeria, professional service providers, a hair salon, and a window showroom
    Includes two residential 1‑bedroom apartments
    Located directly across from Trader Joe's; within a block of Safeway and Lucky
    Approx. 17,663 vehicles per day daily traffic count
    View details
    Coastal Duplex with Wrap-Around Decks
    Updated: Jun 9
    Coastal Duplex with Wrap-Around Decks

    301 7th ST, Pacific Grove, CA 93950

    $1,225,000
    1,680 sqft 0.08 AC lot
    Duplex built in 1963 with 2‑bedroom, 1‑bath layouts in each residence
    Ocean views reported from both units
    Expansive wrap‑around decks for outdoor living
    Attached private garages included with each unit
    Wall furnace heating; linoleum and carpet flooring
    View details
    Duplex with Wrap-Around Decks
    Duplex with Wrap-Around Decks

    301 7th Street, Pacific Grove, CA 93950

    $1,225,000
    1,680 sqft

    Two 2-bedroom, 1-bath residences with private garages and ocean-view wrap-around decks near the shoreline.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Pacific Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1770 Flores ST, Seaside, CA 93955

    $1,050,000
    1,475 sqft 0.09 AC lot

    For sale in R-2 zoning: a main 2-bed home plus an attached 2-bed ADU, both currently rented month-to-month.

    View details
    Four-Unit Mixed-Use Property
    Four-Unit Mixed-Use Property

    883 Lighthouse AVE, Monterey, CA 93940

    $1,500,000
    2,633 sqft 0.11 AC lot

    Two street-facing commercial units plus two residential units, including deck and off-street parking.

    View details
    Two-Unit Duplex with Attached ADU
    Two-Unit Duplex with Attached ADU

    1770 Flores Street, Seaside, CA 93955

    $1,050,000
    1,475 sqft

    Duplex plus attached 2-bedroom, 1-bath ADU with both units on month-to-month rental agreements.

    View details
    Monterey Mixed-Use Income Property
    Monterey Mixed-Use Income Property

    883 Lighthouse Ave, Monterey, CA 93940

    $1,500,000

    Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Clearlake Land/Lot Opportunity
    Clearlake Land/Lot Opportunity

    3519 Covelo Street, Clearlake, CA 95422

    Contact for pricing
    0.13 AC lot

    Three adjoining lots near Pomo school, ideal for manufactured home.

    View details
    Vacant Land with Lake Frontage
    Vacant Land with Lake Frontage

    630 Evans Rd, Wofford Heights, CA 93285

    $399,000
    3.49 AC lot

    Vacant land in R-F zoning with documented plans and approximately 1,200 feet of lake high-water line.

    View details
    Scenic Land with Sweeping Views
    Scenic Land with Sweeping Views

    394 Rim Rd, Bodfish, CA 93205

    Contact for pricing
    4.37 AC lot

    4.37-acre parcel with lake, mountain, and valley views.

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    Lake Isabella Build-Ready Lot
    Lake Isabella Build-Ready Lot

    2517 Webb Ave, Lake Isabella, CA 93240

    $30,000
    0.20 AC lot

    Single-family lot with utilities in established Lake Isabella neighborhood.

    View details

    Off-Market Properties in Pacific Grove, CA

    Consider similar Off-Market properties in Pacific Grove, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    128 19th St
    APARTMENT HOUSE (5+ UNITS)

    128 19th St, Pacific Grove, CA 93950-2657

    $795,000
    Estimated value
    4,797 sqft 0.06 AC lot
    View details
    2711 Ransford Ave
    APARTMENT HOUSE (5+ UNITS)

    2711 Ransford Ave, Pacific Grove, CA 93950-5143

    $1,685,000
    Estimated value
    6,825 sqft 0.22 AC lot
    View details
    2721 Ransford Ave
    APARTMENT HOUSE (5+ UNITS)

    2721 Ransford Ave, Pacific Grove, CA 93950-5141

    $1,210,000
    Estimated value
    6,556 sqft 0.16 AC lot
    View details
    225 Grv Acre Ave
    APARTMENT HOUSE (5+ UNITS)

    225 Grv Acre Ave, Pacific Grove, CA 93950-2346

    $1,470,000
    Estimated value
    2,880 sqft 0.34 AC lot
    View details
    419 Frst Ave
    APARTMENT HOUSE (5+ UNITS)

    419 Frst Ave, Pacific Grove, CA 93950-4231

    Value Estimation by Request
    7,234 sqft 0.18 AC lot
    View details
    410 Central Ave
    APARTMENT HOUSE (5+ UNITS)

    410 Central Ave, Pacific Grove, CA 93950-2836

    $2,005,000
    Estimated value
    2,841 sqft 0.17 AC lot
    View details
    618 Fountain Ave
    APARTMENT HOUSE (100+ UNITS)

    618 Fountain Ave, Pacific Grove, CA 93950

    $2,645,000
    Estimated value
    17,435 sqft 0.57 AC lot
    View details
    188 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)

    188 Laurel Ave, Pacific Grove, CA 93950

    $610,000
    Estimated value
    4,275 sqft 0.23 AC lot
    View details
    David Ave
    APARTMENT HOUSE (5+ UNITS)

    David Ave, Pacific Grove, CA 93950

    Value Estimation by Request
    3,418 sqft 0.26 AC lot
    View details
    585 Ocean Vw Blvd
    APARTMENT HOUSE (5+ UNITS)

    585 Ocean Vw Blvd, Pacific Grove, CA 93950-2648

    $1,520,000
    Estimated value
    9,204 sqft 0.21 AC lot
    View details
    4 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)

    4 Arkwright Ct, Pacific Grove, CA 93950-5331

    Value Estimation by Request
    0.21 AC lot
    View details
    5 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)

    5 Arkwright Ct, Pacific Grove, CA 93950-5358

    Value Estimation by Request
    0.24 AC lot
    View details
    740 Crocker Ave
    APARTMENT HOUSE (100+ UNITS)

    740 Crocker Ave, Pacific Grove, CA 93950-3736

    $3,400,000
    Estimated value
    4,728 sqft 0.55 AC lot
    View details
    845 Lighthouse Ave
    APARTMENT HOUSE (5+ UNITS)

    845 Lighthouse Ave, Pacific Grove, CA 93950-2531

    $2,555,000
    Estimated value
    4,770 sqft 0.18 AC lot
    View details
    765 Lighthouse Ave
    APARTMENT HOUSE (5+ UNITS)

    765 Lighthouse Ave, Pacific Grove, CA 93950-2572

    Value Estimation by Request
    524 sqft 0.28 AC lot
    View details
    200 17th Mile Dr
    APARTMENT HOUSE (5+ UNITS)

    200 17th Mile Dr, Pacific Grove, CA 93950-2441

    $735,000
    Estimated value
    5,313 sqft 0.23 AC lot
    View details
    315 Park St
    APARTMENT HOUSE (5+ UNITS)

    315 Park St, Pacific Grove, CA 93950

    $1,420,000
    Estimated value
    10,368 sqft 0.32 AC lot
    View details
    489 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)

    489 Laurel Ave, Pacific Grove, CA 93950-3444

    $1,490,000
    Estimated value
    2,327 sqft 0.14 AC lot
    View details
    818 Sunset Dr
    APARTMENT HOUSE (5+ UNITS)

    818 Sunset Dr, Pacific Grove, CA 93950-4728

    $925,000
    Estimated value
    8,848 sqft 0.27 AC lot
    View details
    2905 David Ave
    APARTMENT HOUSE (5+ UNITS)

    2905 David Ave, Pacific Grove, CA 93950-5121

    $1,110,000
    Estimated value
    7,086 sqft 0.27 AC lot
    View details
    1000 Sinex Ave
    APARTMENT HOUSE (100+ UNITS)

    1000 Sinex Ave, Pacific Grove, CA 93950

    $12,800,000
    Estimated value
    90,526 sqft 9.19 AC lot
    View details

    Pacific Grove, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Pacific Grove, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,360 square feet of properties for sale, with an estimated market value of $2,450,000.

    Sale prices for multifamily properties in Pacific Grove, CA start at $1,225,000, averaging $1,225,000, and reaching up to $1,225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Quadplexes 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -3.8%
    Median Household Income $105,568
    College Educated 87.3%

    High-Yield Neighborhoods for Investment

    Identify Pacific Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93950 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $9.94 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

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