$2,600,000

950 Lighthouse Avenue, Pacific Grove CA, 93950

Price per sqft$731.98

Built in1958

Property size3,552 sqft

Property typeCommercial

Listed by The C Group CA DRE# 70010221 with Real Brokerage Technologies 831-601-8936

Overview

Active

Listed Oct 26, 2026

Updated 39h ago

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.

Additional information

MLS^® ID: ML82065741

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

Taxes: $23,050
Tax Frequency: Annually
Maintenance Expense: $2,206

Also listed on MLSLISTINGS

Listed by The C Group CA DRE# 70010221 with Real Brokerage Technologies 831-601-8936

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/27/2026 at 4:37 AM UTC Last Checked: 4:37 AM UTC