950 Lighthouse Avenue, Pacific Grove, California 93950

  • $2,600,000
950 Lighthouse Avenue, Pacific Grove, California 93950
Active
950 Lighthouse Avenue, Pacific Grove, California 93950
950 Lighthouse Avenue, Pacific Grove, California 93950
  • $2,600,000

Description

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.

  • Address 950 Lighthouse Avenue, Pacific Grove, California 93950
  • State/county CA
  • Zip/Postal Code 93950

Details

Updated on November 2, 2026 at 6:35 pm
  • Property ID: ML82065741
  • Price: $2,600,000
  • Property Size: 3552 Sqft
  • Land Area: 0.2089 Acres
  • Year Built: 1958
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • Roof: Tar/Gravel
  • Cooling: None
  • Heating: Forced Air
  • County: Monterey
  • Property Type: Commercial Sale
  • Elementary School: Other
  • Middle School: Pacific Grove
  • High School: Pacific Grove

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