Daina Burness
The median home value in Pacific Grove, CA is $1,568,750.
This is
higher than
the county median home value of $762,000.
The national median home value is $308,980.
The average price of homes sold in Pacific Grove, CA is $1,568,750.
Approximately 39% of Pacific Grove homes are owned,
compared to 46% rented, while
15% are vacant.
Pacific Grove real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Pacific Grove real estate agent to arrange a tour today!
Learn more about Pacific Grove.
A unique opportunity to own a mix-use building at the gateway of Pacific Grove. The property consists of 4 buildings with one commercial space and 6 residential units - two recently remodeled buildings and two brand new buildings. The front building consists of a commercial space with ocean views and two upper 1 bed/1 bath residential units. The three back buildings are all residential with some units having beautiful ocean views - two 1 bed/1 bath units and two 2 bed/1 bath units. Each unit has one garage space, washer/dryer and individually metered gas/electric and water. All units are completely remodeled or brand new construction. New sewer lateral. Located directly across the street from Trader Joes, Wells Fargo, plazas, gas stations, grocery stores and restaurants plus minutes to downtown Pacific Grove and the beach.
Current Zoning should allow for 3 story residential condo project with access to water. Highly respected local architect is. available to assist with due diligence. Rare and Unique Investment Opportunity nestled in famous Pacific Grove, California adorned with great beaches, Monterey Bay and our tranquil Pacific Ocean. High Barrier to Entry (28 unit) storage facility complemented with two retail tenants: Everest Liquor Store and The Nest Clothing Store. Gorgeous 10,633 Square Foot Warehouse/Storage Facility/Retail investment property zoned in Downtown Pacific Grove. Prestigious location supported by major 'City Approved' Growth projects to include two 'high profile' multi-level residential condominium projects on Lighthouse Avenue. Stabilized rents with positive upside to income growth allow a visionary to plan for future income producing modifications and uses due to flexible and widespread planning opportunities within the CD(Commercial Downtown) Zoning matrix.
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