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3,552 sqft

$2,600,000

950 Lighthouse Avenue, Pacific Grove CA, 93950

Price per sqft$731.98
Built in1958
Property size3,552 sqft
Property typeOther

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.

$17,298/mo

Est. mortgage payment based on a $2,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82065741

Interior Features

Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by , with Real Brokerage Technologies
Listing Contact: 831-601-8936 

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