$2,639,000
SOLD JUL 8, 2026
9 Beds
5 Baths
4,120 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: July 8, 2026

$641 Per Sq Ft

28 Days on Market

Highlights

  • Ocean View
  • 4 Car Attached Garage
  • Laundry Room
  • Robert Down Elementary School Rated A
  • Secured Garage or Parking
  • 2-minute walk to Jewell Park

About This Home

As of July 2026

In the heart of Pacific Grove sits a rare multi-unit opportunity. With just a short distance to Lovers Point Beach and blocks to restaurants, you are arguably in the perfect spot for all the best things PG has to offer. This four-unit property includes a penthouse with 3 bedrooms, 2 bathrooms, a private laundry, and a lovely deck with ocean views. The remaining three units each offer 2 bedrooms, 1 bathroom, and shared laundry area, along with peeks of bay from inside the units. Each unit also enjoys its own private garage. So come, live in your penthouse while generating income from the additional units and get your mortgage paid for, or jump on this amazing investment opportunity in Butterflytown USA.

Last Agent to Sell the Property

Lucie Campos

Coldwell Banker Realty License #01345594 Listed on: 05/11/2026

Coldwell Banker Realty

Last Buyer's Agent

Nicolas Bokides

Bokides-Hesseltine Real Estate License #01851351

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • Irrigation

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Ocean
  • Bay

Home Design

  • 4,120 Sq Ft Home
  • Quadruplex
  • Mansard Roof Shape
  • Slab Foundation
  • Urethane Roof

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Disposal

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $133,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Maintenance Expense $6,000
  • Manager Expense $8,000
  • Utility Expense $4,000
  • Trash Expense $2,000
  • Operating Expense $46,200
  • Gross Income $134,800

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

4,356 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: Multi Family Dwelling
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4120
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Kitchen: Cooktop - Electric, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 4120
  • Security: Secured Garage / Parking, Security Lights
  • Laundry: Coin Operated, Washer/Dryer - Some Units
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Mansard, Polyurethane
  • View: Bay, Ocean

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage, Parking Area

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4200.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.58
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 1200
  • Expense Maintenance: 6000
  • Expense Management: 8000
  • Expenses Total: 46200
  • Expenses Utility: 4000
  • Expense Trash: 2000
  • Income Annual Gross: 134800.00
  • Income Annual Rental: 133800
  • Income Gross Scheduled: 134800
  • Income Includes: Coin Operated Equip, Laundry, Rents
  • Income Other: 1000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Stewart Title Of Ca Inc
Quit Claim Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $600,000 Commercial
Previous Owner $528,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2026 07/08/26 Sold $2,639,000 0.0% $641 / Sq Ft
06/09/2026 06/09/26 Pending -- -- --
05/11/2026 05/11/26 For Sale $2,639,000 -- $641 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,725 $2,067,250 $1,140,000 $927,250
2024 $22,063 $2,065,000 $1,140,000 $925,000
2023 $22,085 $2,065,000 $1,140,000 $925,000
2022 $20,428 $2,000,000 $1,100,000 $900,000
2021 $20,727 $1,850,000 $1,100,000 $750,000
2020 $18,874 $1,702,250 $1,100,000 $602,250
2019 $18,636 $1,702,250 $1,100,000 $602,250
2018 $16,459 $1,502,250 $1,000,000 $502,250
2017 $14,883 $1,352,250 $800,000 $552,250
2016 $14,102 $1,252,250 $700,000 $552,250
2015 $12,974 $1,152,250 $600,000 $552,250
2014 $10,738 $952,250 $500,000 $452,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82046627

MLSListings

APN: 006-154-007

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