Pacific Grove, CA Residential income properties for sale

Updated: Oct 26

5-Unit Apartment Building

Pacific Grove, CA 93950

$2,600,000

3,552 sqft 0.21 AC lot

Five 2‑bedroom units: a fourplex and an ADU
3,552 square feet on 0.2089 acres
R3 zoning
Private garage and deck for each unit
Built in 1958

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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

1186 Jewell Avenue, Pacific Grove, CA 93950

$1,995,000

2,427 sqft 0.25 AC lot

Legal duplex offering independent entrances, kitchens, fireplaces, and private exterior areas for each residence.

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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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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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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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Based on your search, we've compiled 80 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, 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.

Cottage Duplex with Carmel Character

3111 Serra Avenue, Carmel, CA 93923

$1,795,000

1,301 sqft

Two residences include a remodeled kitchen, hardwood floors, beam ceilings, private patios, and fenced outdoor areas.

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Multifamily Property with Ocean Views

851 Lyndon Street, Monterey, CA 93940

$1,499,000

1,926 sqft

The property includes off-street parking and a wall furnace.

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4-Unit Mixed-Use Property

883 Lighthouse Avenue, Monterey, CA 93940

$1,500,000

2,633 sqft 0.11 AC lot

Two street-facing commercial spaces are paired with an upstairs apartment and a separate rear residence.

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Land, Carmel, CA

24752 San Carlos Street, Carmel, CA 93923

$1,800,000

0.09 AC lot

Residential land & home lots · 0.09 Acres

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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.

Residential Land with Approved Plans

Pebble Beach, CA 93953

$1,499,999

0.45 AC lot

Build a single-level main residence plus an attached garage and private ADU on a permitted parcel in Pebble Beach.

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Flat Residential Land Lot

Pebble Beach, CA 93953

$1,495,000

0.26 AC lot

Build a custom home on a flat lot with water entitlements and easy level access to the ocean area.

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Gated Residential Homesite Land

7905 Cinquenta Road, Carmel, CA 93923

$1,600,000

8.04 AC lot

Build within a gated Carmel community on a large homesite with a defined building envelope.

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Carmel Land with Sweeping Views

8005 Quatro, Carmel, CA 93923

$3,500,000

7.50 AC lot

7.5-acre lot with Monterey Bay and Santa Lucia views.

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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.