Rare Pacific Grove Duplex Opportunity! Ideally located just moments from vibrant downtown Pacific Grove, neighborhood cafes, coastal trails, and Lover's Point, this well-maintained duplex offers an exceptional opportunity for both investors and owner-occupants. Each unit features approximately mirrored floor plans with 2 bedrooms, 1 bathroom, a private 1-car garage, and washer/dryer hookups. One unit is currently occupied, providing immediate income, while the second unit is vacant and ready for occupancy or market-rate rental potential. The bright and inviting interiors offer vaulted ceilings, spacious living areas, and abundant natural light. Each residence enjoys its own private, sunny patio - great for outdoor dining, gardening, or relaxing in Pacific Grove's ideal coastal climate. Conveniently located near Robert Down Elementary School, neighborhood parks, shopping, dining, and the scenic Monterey Bay Coastal Trail. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or secure a desirable property in one of the Monterey Peninsula's most sought-after communities, this duplex presents a compelling opportunity.
For sale
Price cut: $145K (8/17)
$1,450,000
514 7th St, Pacific Grove, CA 93950
4beds
1,842sqft
Single Family Residence, Residential
Built in 1961
4,800 Square Feet Lot
$-- Zestimate®
$787/sqft
$-- HOA
What's special
- 48 days
- 1,265
- 72
Zillow last checked:
Listing updated:
Listed by:
The Bluhm Team 70010270 831-277-2782,
Sotheby’s International Realty 831-372-7700,
Joe Gallagher 01962982 831-917-1631,
Sotheby’s International Realty
Source: MLSListings Inc,MLS#: ML82058285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: GroundFloorBedroom
Bathroom
- Features: FullonGroundFloor
Dining room
- Features: DiningAreainLivingRoom
Family room
- Features: NoFamilyRoom
Kitchen
- Features: Countertop_Tile
Heating
- Central Forced Air Gas, Wood Stove
Cooling
- None
Appliances
- Included: Dishwasher, Range Hood, Microwave, Gas Oven/Range, Refrigerator
- Laundry: In Garage
Features
- Vaulted Ceiling(s), Open Beam Ceiling
- Flooring: Carpet, Tile
- Doors: None
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,842
- Total interior livable area: 1,842 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Off Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Stories: 1
- Patio & porch: Balcony/Patio
- Exterior features: Fenced
Lot
- Size: 4,800 Square Feet
- Features: Level
Details
- Parcel number: 006506007000
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition, Shingle
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Pacific Grove
Financial & listing details
- Price per square foot: $787/sqft
- Tax assessed value: $1,584,387
- Date on market: 8/19/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Estimated market value
Not available
Estimated sales range
Not available
$5,311/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2026 | Listed for rent | $3,050$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/17/2026 | Price change | $1,450,000-9.1%$787/sqft |
Source:  MLSListings Inc #ML82052002 Report a problem | ||
| 6/23/2026 | Listed for sale | $1,595,000+6.8%$866/sqft |
Source: MLSListings Inc #ML82052002 Report a problem | ||
| 5/24/2023 | Sold | $1,493,500+3%$811/sqft |
Source: Public Record Report a problem | ||
| 4/20/2023 | Contingent | $1,450,000$787/sqft |
Source:  MLSListings Inc #ML81924252 Report a problem | ||
| 4/11/2023 | Listed for sale | $1,450,000$787/sqft |
Source: MLSListings Inc #ML81924252 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,584,387 +2% |
| 2025 | $17,101 +5.1% | $1,553,322 +2% |
| 2024 | $16,278 +325.1% | $1,522,865 +352.9% |
| 2023 | $3,829 +2% | $336,258 +2% |
| 2022 | $3,753 +0.5% | $329,665 +2% |
| 2021 | $3,733 +2% | $323,202 +1% |
| 2020 | $3,659 +3.2% | $319,888 +2% |
| 2019 | $3,546 +1.9% | $313,616 +2% |
| 2018 | $3,480 +1.6% | $307,467 +2% |
| 2017 | $3,424 -0.2% | $301,439 +2% |
| 2016 | $3,431 +3.7% | $295,529 +1.5% |
| 2015 | $3,307 | $291,091 +2% |
| 2014 | $3,307 | $285,390 +2.5% |
| 2012 | -- | $278,531 +2% |
| 2011 | -- | $273,071 +0.8% |
| 2010 | -- | $271,031 -0.2% |
| 2009 | -- | $271,676 +2% |
| 2008 | -- | $266,350 +2% |
| 2007 | -- | $261,128 +2% |
| 2006 | -- | $256,009 +2% |
| 2005 | -- | $250,990 +2% |
| 2004 | -- | $246,070 +1.9% |
| 2003 | -- | $241,561 +2% |
| 2002 | -- | $236,826 +2% |
| 2001 | $2,407 | $232,183 +2% |
| 2000 | -- | $227,630 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Third Addition
Nearby schools
Schools provided by the listing agent
- District: PacificGroveUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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