116 16th Street, Pacific Grove, CA 93950

$2,639,000
4,120
SqFt

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Sold Price
$2,639,000
List Price
$2,639,000
Closing Date
Jul 08, 2026
Status
CLOSED
MLS#
ML82046627
Year Built
1973
Living Sq. Ft
4,120
Lot Size
4,200
Acres
0.10
Days on Market
29
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

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.

Additional Information

Taxes
$22,000
Appliances
Electric Cooktop, Electric Oven, Freezer, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
Heat
Forced Air
Cooling
Yes
Cooling Description
None
View
Bay, Ocean
Roof
Mansard
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$134,800

Listing courtesy of Listing Agent: Lucie Campos (mamalu369@aol.com) from Listing Office: Coldwell Banker Realty.

Listing sold by Nicolas Bokides from

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.