Exceptional investment opportunity in the highly desirable Pacific Grove market! This impressive property features five beautifully appointed 2-bedroom units, comprised of a fourplex plus a newly added ADU, offering excellent flexibility for investors or owner-occupants. Each unit features amazing finishes, private garages, and large decks, creating an attractive combination of comfort, functionality, and rental appeal. Ideally situated on Lighthouse Avenue just a short walk from Downtown Pacific Grove, the ocean, Pacific Grove Golf Course, the scenic bike path, and more, this property places tenants within easy reach of the best the area has to offer. Capitalize on strong cash-flow potential and long-term appreciation in one of the Monterey Peninsula's most desirable communities, or live in one unit while the remaining four units help carry the expense. With its prime location, versatile unit mix, quality finishes, and proximity to downtown, the coastline, recreation, and local amenities, this is a must-see opportunity in the heart of Pacific Grove.
For sale
$2,600,000
Lighthouse Pacificgrove, Pacific Grove, CA 93950
3beds
2baths
3,552sqft
Five Or More Units, Residential Income
Built in 1958
-- sqft lot
$2,527,400 Zestimate®
$732/sqft
$-- HOA
What's special
Amazing finishesQuality finishesLarge decksPrivate garages
- 7 days
- 346
- 30
Zillow last checked:
Listing updated:
Listed by:
The C Group 70010221 831-601-8936,
Real Brokerage Technologies 619-663-8680
Source: MLSListings Inc,MLS#: ML82065741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Garage spaces: 4
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 9,100 Square Feet
Details
- Parcel number: 006134014000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: TarGravel
Condition
- Year built: 1958
Utilities & green energy
- Gas: 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: $732/sqft
- Date on market: 10/26/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: 12 Months
Estimated market value
$2,527,400
$2.40M - $2.65M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $2,600,000$732/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
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
- Elementary: RobertDownElementary
- Middle: PacificGroveMiddle
- High: PacificGroveHigh
- 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.




