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
2baths
1,842sqft
Duplex, Residential Income
Built in 1961
-- sqft lot
$-- Zestimate®
$787/sqft
$-- HOA
What's special
- 56 days |
- 1,308 |
- 57 |
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#: ML82052002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Kitchen
- Features: Countertop_Tile
Heating
- Central Forced Air Gas, Wood Stove
Cooling
- None
Appliances
- Included: Dishwasher, Range Hood, Microwave, Gas Oven/Range, Refrigerator
- Laundry: Hookups Only
Features
- Vaulted Ceiling(s), Open Beam Ceiling
- Flooring: Carpet, Tile
- Doors: None
Interior area
- Total structure area: 1,842
- Total interior livable area: 1,842 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Off Street
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 4,800 Square Feet
- Features: Level
Details
- Parcel number: 006506007000
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Residential Income
Materials
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition, Shingle
Condition
- Year built: 1961
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Pacific Grove
Financial & listing details
- Price per square foot: $787/sqft
- Tax assessed value: $1,584,387
- Annual tax amount: $18,343
- Date on market: 6/23/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: DishwasherAllUnits, OvenRangeAllUnits
Estimated market value
Not available
Estimated sales range
Not available
$4,961/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
GreatSchools rating
- 8/10Robert Down Elementary SchoolGrades: K-5Distance: 0.3 mi
- 9/10Pacific Grove Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Pacific Grove High SchoolGrades: 9-12Distance: 0.7 mi
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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