Multifamily

Pacific Grove, CA Multifamily Properties for Sale

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Monterey, CA Pebble Beach, CA Carmel, CA Seaside, CA Marina, CA Carmel Highlands, CA Carmel Valley, CA Salinas, CA
6 properties
Updated Triplex with Private Entrances
Updated: Jul 21
Updated Triplex with Private Entrances

410 Pine Ave, Pacific Grove, CA 93950

$2,199,000
3,528 sqft
Three‑unit triplex with a separate entrance, kitchen, bedrooms, bathroom, and laundry area for each residence
Individual utility metering for all three units
Recent improvements include sewer lateral, appliances, flooring, lighting, water heaters, and a Tesla Level 2 charger
Deck, lawn, and outdoor entertaining areas
Walk Score 80, Bike Score 77, and Transit Score 34
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Duplex with Separate Outdoor Spaces
Updated: Sep 20, 2025
Duplex with Separate Outdoor Spaces

1186 Jewell Avenue, Pacific Grove, CA 93950

$1,995,000
2,427 sqft 0.25 AC lot
Legal duplex with 3‑bedroom, 2‑bath front unit and 2‑bedroom, 1‑bath rear unit
2,427 square feet on a quarter‑acre parcel
Separate entrances, full kitchens, fireplaces, and private outdoor areas for both units
Breezeway separates the two residences
Mature gardens, fruit trees, and deer‑resistant vegetable gardens
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11-Unit Apartment Building
11-Unit Apartment Building

818 Sunset Dr, Pacific Grove, CA 93950

Contact for pricing
8,848 sqft

Fully leased multifamily property with 11 units in western Pacific Grove.

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Duplex-Style Income Property with Guest Home
Duplex-Style Income Property with Guest Home

494 GROVE ACRE AVE, Pacific Grove, CA 93950

$2,299,000

Duplex-style income property with updated interiors, expansive windows, and a detached guest home with its own entrance and kitchen.

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Multifamily Property with Detached House
Multifamily Property with Detached House

Pacific Grove, CA 93950

$1,930,000

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

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Duplex with Water Views
Duplex with Water Views

136 2nd Street, Pacific Grove, CA 93950

$1,349,000
1,609 sqft

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

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Pacific Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

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

Street-facing commercial suites accompany two residential apartments, creating a combined commercial and residential configuration.

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Updated Manufactured Home in Park
Updated Manufactured Home in Park

43-835 Kimball Ave, Seaside, CA 93955

$150,000
444 sqft

Manufactured home offers extensive interior refreshes, including new flooring, paint, lighting, and double-pane windows.

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12-Unit Apartment Building
12-Unit Apartment Building

2080 Withers AVE, Monterey, CA 93940

$4,700,000

A gated residential property where every unit includes its own garage.

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Legal Duplex with Private Yards
Legal Duplex with Private Yards

1041 Trinity Avenue, Seaside, CA 93955

$660,000

Two separate units offer private outdoor areas, individual utility metering, laundry hookups, and substantial off-street parking.

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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

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

2711 Ransford Ave, Pacific Grove, CA 93950-5143

Estimated value:
$1,655,000
6,825 sqft 0.22 AC lot
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2721 Ransford Ave
APARTMENT HOUSE (5+ UNITS)

2721 Ransford Ave, Pacific Grove, CA 93950-5141

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

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

Estimated value:
$1,510,000
2,880 sqft 0.34 AC lot
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419 Frst Ave
APARTMENT HOUSE (5+ UNITS)

419 Frst Ave, Pacific Grove, CA 93950-4231

Estimated value: by Request
7,234 sqft 0.18 AC lot
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410 Central Ave
APARTMENT HOUSE (5+ UNITS)

410 Central Ave, Pacific Grove, CA 93950-2836

Estimated value:
$1,955,000
2,841 sqft 0.17 AC lot
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618 Fountain Ave
APARTMENT HOUSE (100+ UNITS)

618 Fountain Ave, Pacific Grove, CA 93950

Estimated value:
$2,580,000
17,435 sqft 0.57 AC lot
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188 Laurel Ave
APARTMENT HOUSE (5+ UNITS)

188 Laurel Ave, Pacific Grove, CA 93950

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

David Ave, Pacific Grove, CA 93950

Estimated value:
$215,000
3,418 sqft 0.26 AC lot
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585 Ocean Vw Blvd
APARTMENT HOUSE (5+ UNITS)

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

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

4 Arkwright Ct, Pacific Grove, CA 93950-5331

Estimated value:
$255,000
0.21 AC lot
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5 Arkwright Ct
APARTMENT HOUSE (5+ UNITS)

5 Arkwright Ct, Pacific Grove, CA 93950-5358

Estimated value:
$295,000
0.24 AC lot
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740 Crocker Ave
APARTMENT HOUSE (100+ UNITS)

740 Crocker Ave, Pacific Grove, CA 93950-3736

Estimated value:
$3,445,000
4,728 sqft 0.55 AC lot
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845 Lighthouse Ave
APARTMENT HOUSE (5+ UNITS)

845 Lighthouse Ave, Pacific Grove, CA 93950-2531

Estimated value:
$2,585,000
4,770 sqft 0.18 AC lot
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765 Lighthouse Ave
APARTMENT HOUSE (5+ UNITS)

765 Lighthouse Ave, Pacific Grove, CA 93950-2572

Estimated value:
$250,000
524 sqft 0.28 AC lot
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200 17th Mile Dr
APARTMENT HOUSE (5+ UNITS)

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

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

315 Park St, Pacific Grove, CA 93950

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

489 Laurel Ave, Pacific Grove, CA 93950-3444

Estimated value:
$1,495,000
2,327 sqft 0.14 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 6 active listings on our real estate platform. These investment opportunities span a total of 16,412 square feet of properties for sale, with an estimated market value of $9,772,000.

Sale prices for multifamily properties in Pacific Grove, CA start at $1,349,000, averaging $1,954,400, and reaching up to $2,299,000 — 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 4
Apartment buildings 1
Quadplexes 1
Triplexes 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 $2M

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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