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
Bedrooms3 Baths-- Sq 3,552

Monthly Estimate*

$ 17,958

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Commercial Property for sale in Pacific Grove, CA

for $2,600,000 with 3 bedrooms. 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

Bedrooms

3

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.2089

Year Built

1958

Town/City

Pacific Grove

County/Region

Monterey

MLS | Web ID

ML82065741

Features
General
Living Area 3552
Cooling None
Roof Tar/Gravel
Appliances Dishwasher Refrigerator
Zoning R3
Year Built 1958
Property Subtype Other
County Monterey
Property Type Commercial Sale
HOA false
Garage Y/N true
Status Active
City Pacific Grove
MLS Area Listing
Lot Size Square Feet 9100
Virtual Tour https://my.matterport.com/show/?m=bQtYRiZEpei
Standard Status Active
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Interior
Air Conditioning Y/N false
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Exterior
Parking Features Attached
Water Source Public
Lot Size Area 9100
Building Area Total 3552
Lot Size Acres 0.2089
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* Excluded Features
List By
Real Brokerage Technologies

Broker

team@realcgroup.com

Email

Affordability Calculator

$17,958
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,958
Monthly Property Taxes
--
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
4827338 Elementary School
0 Middle School
Unknown 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 has 3 bedroomsThe property's zip code is 93950 which is in Pacific Grove, CA