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    Property profile & analytics

    585 Ocean Vw Blvd Pacific Grove, CA 93950-2648

    • Apartment buildings
    • 9,204 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 09, 2024
    Location Intelligence
    Property ID
    US10-3060060
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 585 Ocean Vw Blvd

    Year built
    1971
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    9,204 SF
    Property type
    Apartment buildings
    APN
    006-156-028-000
    APU
    6156028000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pacific Grove
    County
    Monterey
    State
    California
    Longitude
    -121.917
    Latitude
    36.6243
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $96,822
    $3,696,126
    $5,289,077
    $8,985,203
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      24,580 SF

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    • Value Estimation by Request
      8,227 SF

      868 Lighthouse Ave

      APARTMENT HOUSE (100+ UNITS) • 8,227 SF
      868 Lighthouse Ave, Pacific Grove, CA 93950-2561
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      6,556 SF

      2721 Ransford Ave

      APARTMENT HOUSE (5+ UNITS) • 6,556 SF
      2721 Ransford Ave, Pacific Grove, CA 93950-5141
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    • Value Estimation by Request
      2,926 SF

      206 5th St

      APARTMENT HOUSE (5+ UNITS) • 2,926 SF
      206 5th St, Pacific Grove, CA 93950-3620
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    • Value Estimation by Request
      5,280 SF

      8 Arkwright Ct

      APARTMENT HOUSE (100+ UNITS) • 5,280 SF
      8 Arkwright Ct, Pacific Grove, CA 93950-5360
      View Details
    • Value Estimation by Request
      4,797 SF

      128 19th St

      APARTMENT HOUSE (5+ UNITS) • 4,797 SF
      128 19th St, Pacific Grove, CA 93950-2657
      View Details

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    Similar Nearby for Lease

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      6,898 SF

      Retail Space in Pacific Grove

      Retail space available in a shopping center anchored by Lucky.
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      Prime Pacific Grove Retail Space

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    • $1.95 SF/Yr
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      Downtown Pacific Grove Retail Space

      Retail space for lease in downtown Pacific Grove.
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    585 Ocean Vw Blvd
    Pacific Grove, CA 93950-2648
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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