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    Pacific Grove, CA Multifamily Properties for Sale

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    Monterey, CA Pebble Beach, CA Seaside, CA
    Pacific Grove Multifamily Income Property
    $2,299,000
    3,737 SF

    Pacific Grove Multifamily Income Property

    618 Forest AVE, Pacific Grove, 93950

    Fourplex in Pacific Grove with strong rental income.

    • City‑approved ADU plan (approx. 788 sq ft) with Water Credits purchased offers clear value‑add potential.
    • Fully occupied fourplex generating $12,280 in monthly gross income.
    • Prime Pacific Grove location within the highly regarded Pacific Grove Unified School District.
    • Ideal for owner‑occupant or pure income investment.
    • Units refreshed with in‑unit washer‑dryer combos and kitchen appliances; most kitchens and baths renovated.
    Updated: May 18
    View details
    Coastal Duplex with Ocean Views
    $1,225,000
    1,680 SF

    Coastal Duplex with Ocean Views

    301 7th ST, Pacific Grove, 93950

    Rare duplex opportunity with two 2-bedroom residences, ocean views, and private garages in a downtown setting near the shoreline.

    • Duplex built in 1963 with two 2‑bedroom, 1‑bath residences
    • Both residences feature ocean views and wrap‑around decks for indoor‑outdoor living
    • Each unit includes an attached private garage
    • Public water service and wall furnace heating
    • Composition roof with carpet and linoleum flooring
    Updated: Jun 1
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Pacific Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    Fourplex with Planned Accessory Unit
    $1,650,000
    3,436 SF

    Fourplex with Planned Accessory Unit

    A well-updated fourplex with a proposed additional two-bedroom ADU offers flexible income potential in an R1 setting.

    830 Parcel ST, Monterey, 93940
    View details
    Rare Seaside Investment Opportunity
    $2,090,000
    0.19 Acres

    Rare Seaside Investment Opportunity

    Investment and development opportunity in the heart of Sand City.

    1801 Catalina ST, Seaside, 93955
    View details
    New Monterey Fourplex Investment Opportunity
    $1,650,000

    New Monterey Fourplex Investment Opportunity

    Fourplex with plans for an additional dwelling unit in Monterey.

    830 Parcel St, Monterey, CA 93940
    View details
    Seaside Mixed-Use Investment Opportunity
    $2,850,000
    8,577 SF

    Seaside Mixed-Use Investment Opportunity

    Mixed-use building with commercial and residential units in Seaside, CA.

    1725 Fremont Blvd, Seaside, CA
    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.

    Ready-to-Build Land in Boulder Creek
    $395,000
    4.32 Acres

    Ready-to-Build Land in Boulder Creek

    Private 4+ acre property with approved plans and utilities.

    830 Kings HWY, Boulder Creek, 95006
    View details
    Santa Margarita Land for Sale
    Contact for pricing
    108,900.00 Acres

    Santa Margarita Land for Sale

    2.5 acre lot suitable for residential or agricultural use.

    0 Atolia Road, Santa Margarita, CA 93453
    View details
    Clearlake Land/Lot Opportunity
    Contact for pricing
    5,663.00 Acres

    Clearlake Land/Lot Opportunity

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

    3519 Covelo Street, Clearlake, CA 95422
    View details
    Sierra Mountain Land with Creek
    $199,900
    391,169 SF

    Sierra Mountain Land with Creek

    8.98-acre mountain parcel with creek, near upcoming development.

    41505 Hot Springs Drive, Porterville, CA 93257
    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)
    4,797 SF Lot: 0.06 Acres
    Estimated value
    $795,000

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

    View details
    2711 Ransford Ave
    APARTMENT HOUSE (5+ UNITS)
    6,825 SF Lot: 0.22 Acres
    Estimated value
    $1,685,000

    2711 Ransford Ave, Pacific Grove, CA 93950-5143

    View details
    2721 Ransford Ave
    APARTMENT HOUSE (5+ UNITS)
    6,556 SF Lot: 0.16 Acres
    Estimated value
    $1,210,000

    2721 Ransford Ave, Pacific Grove, CA 93950-5141

    View details
    225 Grv Acre Ave
    APARTMENT HOUSE (5+ UNITS)
    2,880 SF Lot: 0.34 Acres
    Estimated value
    $1,470,000

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

    View details
    419 Frst Ave
    APARTMENT HOUSE (5+ UNITS)
    7,234 SF Lot: 0.18 Acres
    Value Estimation by Request

    419 Frst Ave, Pacific Grove, CA 93950-4231

    View details
    410 Central Ave
    APARTMENT HOUSE (5+ UNITS)
    2,841 SF Lot: 0.17 Acres
    Estimated value
    $2,005,000

    410 Central Ave, Pacific Grove, CA 93950-2836

    View details
    618 Fountain Ave
    APARTMENT HOUSE (100+ UNITS)
    17,435 SF Lot: 0.57 Acres
    Estimated value
    $2,645,000

    618 Fountain Ave, Pacific Grove, CA 93950

    View details
    188 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)
    4,275 SF Lot: 0.23 Acres
    Estimated value
    $610,000

    188 Laurel Ave, Pacific Grove, CA 93950

    View details
    David Ave
    APARTMENT HOUSE (5+ UNITS)
    3,418 SF Lot: 0.26 Acres
    Value Estimation by Request

    David Ave, Pacific Grove, CA 93950

    View details
    585 Ocean Vw Blvd
    APARTMENT HOUSE (5+ UNITS)
    9,204 SF Lot: 0.21 Acres
    Estimated value
    $1,520,000

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

    View details
    4 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.21 Acres
    Value Estimation by Request

    4 Arkwright Ct, Pacific Grove, CA 93950-5331

    View details
    5 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.24 Acres
    Value Estimation by Request

    5 Arkwright Ct, Pacific Grove, CA 93950-5358

    View details
    740 Crocker Ave
    APARTMENT HOUSE (100+ UNITS)
    4,728 SF Lot: 0.55 Acres
    Estimated value
    $3,400,000

    740 Crocker Ave, Pacific Grove, CA 93950-3736

    View details
    845 Lighthouse Ave
    APARTMENT HOUSE (5+ UNITS)
    4,770 SF Lot: 0.18 Acres
    Estimated value
    $2,555,000

    845 Lighthouse Ave, Pacific Grove, CA 93950-2531

    View details
    765 Lighthouse Ave
    APARTMENT HOUSE (5+ UNITS)
    524 SF Lot: 0.28 Acres
    Value Estimation by Request

    765 Lighthouse Ave, Pacific Grove, CA 93950-2572

    View details
    200 17th Mile Dr
    APARTMENT HOUSE (5+ UNITS)
    5,313 SF Lot: 0.23 Acres
    Estimated value
    $735,000

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

    View details
    315 Park St
    APARTMENT HOUSE (5+ UNITS)
    10,368 SF Lot: 0.32 Acres
    Estimated value
    $1,420,000

    315 Park St, Pacific Grove, CA 93950

    View details
    489 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)
    2,327 SF Lot: 0.14 Acres
    Estimated value
    $1,490,000

    489 Laurel Ave, Pacific Grove, CA 93950-3444

    View details
    818 Sunset Dr
    APARTMENT HOUSE (5+ UNITS)
    8,848 SF Lot: 0.27 Acres
    Estimated value
    $925,000

    818 Sunset Dr, Pacific Grove, CA 93950-4728

    View details
    2905 David Ave
    APARTMENT HOUSE (5+ UNITS)
    7,086 SF Lot: 0.27 Acres
    Estimated value
    $1,110,000

    2905 David Ave, Pacific Grove, CA 93950-5121

    View details
    1000 Sinex Ave
    APARTMENT HOUSE (100+ UNITS)
    90,526 SF Lot: 9.19 Acres
    Estimated value
    $12,800,000

    1000 Sinex Ave, Pacific Grove, CA 93950

    View details
    217 Lobos Ave
    APARTMENT HOUSE (5+ UNITS)
    5,190 SF Lot: 0.12 Acres
    Estimated value
    $960,000

    217 Lobos Ave, Pacific Grove, CA 93950-3249

    View details

    Pacific Grove, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Pacific Grove, CA on our real estate platform. These investment opportunities span a total of 5,417 square feet of properties for sale, with an estimated market value of $3,574,000.

    Sale prices for multifamily properties in Pacific Grove, CA start at $1,275,000, averaging $1,787,000, 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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    Map

    Top Commercial Asset Segments

    Quadplexes 2
    Duplexes 1

    Demographics Overview

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

    Taxes & Financing

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

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