$1,295,000

301 7th St Pacific Grove, CA 93950

Estimated payment $7,040/month

Total Views 815
4 Beds
2 Baths
1,680 Sq Ft
$771 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Robert Down Elementary School Rated A
  • Carpet

About This Home

Rare coastal duplex offering elevated living in the heart of downtown Pacific Grove, just moments from the shoreline, scenic coastal trails, and beloved local amenities. Both residences showcase breathtaking ocean views and refined 2-bedroom, 1-bath layouts thoughtfully designed to capture light, views, and seamless indoor-outdoor living. Expansive wrap-around decks create an exceptional setting for sunset entertaining and enjoying the ocean air. Each unit is complemented by a private garage, presenting potential for an Accessory Dwelling Unit development . Ideal for discerning investors or owner-occupants seeking a sophisticated coastal asset - live in one residence while enjoying income from the other. A truly versatile and timeless opportunity in one of Pacific Grove's most desirable oceanside locations.

Listing Agent

The C Group

Real Brokerage Technologies License #70010221 Listed on: 02/16/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,702
  • Maintenance Expense $740
  • Manager Expense $4,105
  • Utility Expense $5,631
  • Operating Expense $16,832
  • Gross Income $63,750

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

3,615 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1680
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 1680
  • Stories: 2
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3600.00

Rental Info

  • Gross Rent Multiplier: 20.11
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1702
  • Expense Maintenance: 740
  • Expense Management: 4105
  • Expenses Total: 16832
  • Expenses Utility: 5631
  • Income Annual Gross: 63750.00
  • Income Annual Rental: 58080
  • Income Gross Scheduled: 64394
  • Income Includes: Rents
  • Income Other: 6314
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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 $4,431 $420,117 $181,829 $238,288
2024 $4,431 $411,880 $178,264 $233,616
2023 $4,520 $403,805 $174,769 $229,036
2022 $4,429 $395,889 $171,343 $224,546
2021 $4,407 $388,128 $167,984 $220,144
2020 $4,319 $384,149 $166,262 $217,887
2019 $4,184 $376,617 $163,002 $213,615
2018 $4,042 $369,233 $159,806 $209,427
2017 $4,036 $361,994 $156,673 $205,321
2016 $4,046 $354,897 $153,601 $201,296
2015 $3,981 $349,567 $151,294 $198,273
2014 $3,899 $342,721 $148,331 $194,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2026 02/16/26 For Sale $1,295,000 -- $771 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: MLSListings

MLS Number: ML82035103

MLSListings

APN: 006-259-001-000

California Monterey County Pacific Grove 93950

301 7th St, Pacific Grove, CA

For Sale

MultiFamily

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Listing Agent
The C Group
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Real Brokerage Technologies
(831) 607-1714
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