410 Pine Avenue Pacific Grove, CA $ 2,399,000
410 Pine Avenue
$ 2,399,000
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410 Pine Avenue

Pacific Grove, CA, 93950
$ 2,399,000
Baths0.0 Sq 3,528

Monthly Estimate*

$ 14,771

Listed by eXp Realty of Northern California, Inc.
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View a Virtual Tour
Studio

Multi-Family Home for sale in Pacific Grove, CA

for $2,399,000. This 3,528 square foot home was built in 1929 on a lot size of 0.0826.

Investor Special | Prime Location Near Downtown Pacific Grove One of the strongest rent rolls for a triplex on the Monterey Peninsula this rare multi-unit property is just blocks from downtown and presents an outstanding opportunity in one of the Monterey Peninsulas most desirable rental markets. With rental income near $11,000/month, it offers strong in-place cash flow with long-term upside. Featuring three separate units, each with private entrance, kitchen, bedrooms, bathroom, laundry, and separate metering ideal for flexible rental strategies and income stability. Interior access between levels adds additional versatility. Recent updates include improvements to the sewer lateral, appliances, flooring, lighting, water softner system, tesla level 2 charger, water heaters. Outdoor spaces with deck, lawn, and entertaining areas further enhance tenant appeal. Minutes from Cannery Row and Monterey Bay Aquarium. Estimated ~5 % cap rate (buyer to verify). Ideal for investors or 1031 exchange buyers seeking a well-located, income-producing coastal asset.

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Multi-Family Active

Price

$ 2,399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,276

Style

Lot Size

0.0826

Year Built

1929

Town/City

Pacific Grove

County/Region

Monterey

MLS | Web ID

ML82041058

Days on Market

2

Features
General
Living Area 3528
Sewer Public Sewer
Heating Central
Cooling None
Roof Composition
Appliances Dishwasher Disposal Refrigerator
Zoning Multi Family Dwelling
Garage Spaces 0
Architectural Style English
Year Built 1929
View Bay City Lights Water
Property Subtype Mixed Use
County Monterey
Insurance Expense 0
Property Type Residential Income
HOA false
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Home is on the corner of Pine and 11th. Cross Street: 11th
City Pacific Grove
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 3600
Carport Spaces 0
Listing Terms FHA
Tax Annual Amount 21276
Trash Expense 0
Virtual Tour https://unbranded.youriguide.com/410_pine_ave_pacific_grove_ca/
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Mixed Use
Cap Rate 4.57
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Interior
Flooring Carpet Laminate Wood
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 3600
Number of Buildings 1
Building Area Total 3528
Lot Size Acres 0.0826
Lot Size Source Assessor
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* Excluded Features
List By
Exp Realty Of Northern California, Inc.

Broker

jorge.zamora-guerrero@exprealty.com

Email

Affordability Calculator

$16,544
Per Month
89%
11%
0%
Monthly Principal & Interest
$14,771
Monthly Property Taxes
$1,773
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$2,399,000 Listed Price

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410 Pine Avenue, Pacific Grove, CA, 93950 is a Multi-Family Home for sale at $2,399,000 with 3,528 sqft and a lot size of 0.0826. 410 Pine Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 93950 which is in Pacific Grove, CA