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    Pacific Grove, CA
    Residential Income

    Pacific Grove, CA Residential Income Properties for Sale

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    Monterey, CA Pebble Beach, CA Carmel, CA Seaside, CA Marina, CA Carmel Valley, CA Carmel Highlands, CA Salinas, CA
    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: Aug 31, 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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    See what stands out in Monterey County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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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

    $2,449,000

    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
    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 80 Potential Opportunities for your consideration. Besides 5 Active listings in Pacific Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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 Apartment Property
    Cottage Apartment Property

    870 Alice Street, Monterey, CA 93940

    $2,300,000
    440 sqft

    Seven detached cottages with shared laundry, garage storage, and landscaped outdoor sitting areas in Monterey.

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    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

    $160,000
    444 sqft

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

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    Park Model Residential Income Property
    Park Model Residential Income Property

    835 Kimball Ave 2, Seaside, CA 93955

    $129,000

    Positioned as a front unit in a 55+ park, the home includes a gas range and dishwasher.

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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
    Residential Land with Approved Plans

    2901 Bird Rock RD, 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
    Flat Residential Land Lot

    3118 Bird Rock RD, 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
    Gated Residential Homesite Land

    7905 Cinquenta RD, 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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    Residential Land in Gated Community
    Residential Land in Gated Community

    7765 Paseo Venado, Monterey, CA 93940

    $849,000
    5.00 AC lot

    A 5-acre residential lot in a gated community, suited for building a custom home with view potential.

    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

    Estimated value:
    $795,000
    4,797 sqft 0.06 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    4 Arkwright Ct
    APARTMENT HOUSE (5+ UNITS)

    4 Arkwright Ct, Pacific Grove, CA 93950-5331

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

    5 Arkwright Ct, Pacific Grove, CA 93950-5358

    Estimated value:
    $295,000
    0.24 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    818 Sunset Dr
    APARTMENT HOUSE (5+ UNITS)

    818 Sunset Dr, Pacific Grove, CA 93950-4728

    Estimated value:
    $875,000
    8,848 sqft 0.27 AC lot
    View details

    Pacific Grove, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Pacific Grove, CA, showcased through 5 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 $7,992,000.

    Sale prices for residential income properties in Pacific Grove, CA start at $1,349,000, averaging $1,998,000, and reaching up to $2,449,000 — 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

    Multifamily properties 7
    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 $1.8M

    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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