950 Lighthouse Avenue Pacific Grove, CA $ 2,600,000
950 Lighthouse Avenue
$ 2,600,000
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950 Lighthouse Avenue

Pacific Grove, CA, 93950
$ 2,600,000
Bedrooms-- Baths-- Sq 3,552

Monthly Estimate*

$ 17,958

Listed by The C Group, Real Brokerage Technologies, team@realcgroup.com
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View a Virtual Tour

Commercial Property for sale in Pacific Grove, CA

for $2,600,000. This 3,552 square foot building was built in 1958 on a lot size of 0.2089.

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.

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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 23,050

Style

Lot Size

0.2089

Year Built

1958

Town/City

Pacific Grove

County/Region

Monterey

MLS | Web ID

ML82065741

Days on Market

2

Features
General
Heating Forced Air
Cooling None
Roof Tar/Gravel
Zoning R3
HOA Fee 0
Year Built 1958
County Monterey
Insurance Expense 3888
Property Type Commercial Sale
MaintenanceExpense 2206
Special Listing Conditions Standard
Status Active
High School Pacific Grove
City Pacific Grove
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 9100
Carport Spaces 0
Elementary School Other
Tax Annual Amount 23050
Middle/Junior High School Pacific Grove
Trash Expense 3977
Virtual Tour https://my.matterport.com/show/?m=bQtYRiZEpei
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
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 9100
Number of Buildings 1
Building Area Total 3552
Lot Size Acres 0.2089
Lot Size Source Assessor
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* Excluded Features
List By
The C Group

Listing Agent

Real Brokerage Technologies

Broker

team@realcgroup.com

Email

Affordability Calculator

$19,878
Per Month
90%
10%
0%
Monthly Principal & Interest
$17,958
Monthly Property Taxes
$1,921
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
Pacific Grove High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$2,600,000 Listed Price

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950 Lighthouse Avenue, Pacific Grove, CA, 93950 is a Commercial Property for sale at $2,600,000 with 3,552 sqft and a lot size of 0.2089. 950 Lighthouse Avenue was built in 1958. The property's zip code is 93950 which is in Pacific Grove, CA