Your dream of owning investment income property on the fabled Monterey Peninsula came true! Minutes from Monterey Bay's shimmering shoreline, this rare Pacific Grove duplex offers a perfect blend of lifestyle & income opportunity in one of the most picturesque coastal communities in California. Live in the vacant unit & let the 2nd help pay your mortgage, or lease both & expand your investment portfolio in a coveted location. Wake up to the sights and sounds of Pacific Grove's small town warmth. Experience coastal living while leveraging rental income. Enjoy being a few blocks to the beautiful coastline, Lovers Point, downtown Pacific Grove. Each unit offers: own address, faces opposite directions for privacy, 3 bdrms, 1 ba, ktch, bkfst area, living rm, dining area, private laundry, own private detached garage. Unit 609 boasts gleaming hardwood floors in LR, Dng Rm, BDR's. Unit 609 and parts of the exterior recently painted. With classic character & upside for modernization, your next chapter awaits. Info not verified by seller or broker. Buyer to verify, rely on own findings. Tenants pay all utilities. SEE private remarks for showing #609, CBS Code, Offer Guidelines. #611 with accepted offer only. AS-IS, Seller will not make any repairs or offer credits. DO NOT DISTURB TENANTS
Rare offering in prime Pacific Grove within the highly regarded Pacific Grove Unified School District.* Fully occupied fourplex with $12,280 in monthly gross income and strong rental fundamentals. Ideal for an owner-occupant to live in one unit and rent three, or hold as a pure income asset. All units are refreshed with in-unit washer-dryer combos and kitchen appliances, and most kitchens and baths are renovated. On-site parking includes four covered carports. Clear value-add: approx. 788 sq ft ADU plan already City-approved and Water Credits purchased. Walkable to shops, dining, parks, beach, and transit. Please do not disturb occupants.
Located in the heart of downtown Pacific Grove, 206 Cypress Avenue offers a rare opportunity to own a spacious duplex just moments from Lovers Point Beach. Each unit features 3 bedrooms, 1 bathroom, and 1,500 sq ft of light-filled living space. The lower unit showcases updated LVP flooring, high ceilings, and a classic Bay Area apartment feel, with a generous dining area and French doors opening to a private deck. The upper unit has the same layout as the bottom unit and includes peeks of ocean views(See Photos for Floor Plan). Both units have their own one-car garage and share a bright, welcoming ambiance. Whether you're looking for a good investment or a live-in rental opportunity, this centrally located duplex delivers both allure and versatility.
This newly remodeled home and attached apartment are ready for showing. The property has all living space on the ground level. Highly rated Pacific Grove schools are a short distance. Unit A is a 1,140 sq. ft. three-bedroom/ one & half bathroom fronting on Congress. The new kitchen has GE stainless steel appliances and a new quartz countertop. A new GE clothes washer and dryer are installed in the laundry room, which is accessible from the kitchen. The living room is light and bright. The primary bedroom has a half bath. Water credits are available for adding a shower. Unit B is a 596 sq. ft one-bedroom / one-bathroom unit in the rear of the property. This unit has direct access to a one-car garage with washer and dryer hookups. The kitchen is spacious, with room for a sit-down dining table. Unit A also has a one-car garage. Other positive features are the new roof (2015), copper plumbing, and separate metering for PGE & water- both units.
This ranch home is a legal duplex, just a short scenic stroll to the beach. First time available in 30 years, 3 bed, 2 bath in front unit and 2 bed, 1 bath unit in back, separated by a breeze way. Both units have a separate entrance, living room with fireplace, full kitchen, and private outdoor space. You will love the quarter acre of mature gardens, fruit trees, deer resistant vegetable gardens, and large deck perfect for entertaining! Great potential to remodel or move in and enjoy.
Adorable duplex cottage in Pacific Grove, great income potential, live in one side and enjoy the rental income from the other side. Both units have their own washer/dryer hookups in garage. Owner lives in one side, rents the other at below market price. Nice side yard with beautiful oak tree, great for barbeque or entertaining. Close to shopping, beach, Monterey Bay Aquarium, restaurants and walking path.
For the multigenerational family looking to stay together, this is the perfect place for you! This amazing home with gorgeous bay views offers three separate living areas. Each has its own exterior entrance, kitchen, bedrooms, bathroom and laundry area, with interior accesses as well. Remodeled in '99, new roof in '05, and the walkout basement was beautifully remodeled just 5 years ago. Charming front door, coved ceilings, wood floors, dual pane windows, full of natural light, recessed accent lighting and dimmer switches, newer carpet, cedar lined closets throughout, built-in shelving and cabinets, lath and plaster quality construction and newer deck. Outside is the sunny lawn area and barbecue area with picnic bench. Located near town, beach, Monterey Bay Aquarium, historic Cannery Row and Old Fisherman's Wharf. Enjoy Carmel white sand beaches, Pebble Beach golf courses and the Monterey Peninsula Airport making this a perfect vacation home! Buyer to verify all info and measurements.
Pacific Grove is located in California. Pacific Grove, California 93950has a population of 15,169. Pacific Grove 93950 is less family-centric than the surrounding county with 26.9% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Pacific Grove, California 93950 is $92,980. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Pacific Grove 93950 is 48 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.7 degrees. The average rainfall is approximately 18.3 inches per year, with 0.1 inches of snow per year.
