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116 16th St , Pacific Grove, CA 93950
$2,639,000
Est. Payment: $13,227.81/mo
9 Bed
0 Bath
4120 Sqft
Status: active with contingency | Days on site: 29
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.
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Highlights

Listed by Lucie Campos , 831-596-6118 Coldwell Banker Realty , (831) 626-2224. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.1

Year Built

1973

County

Monterey

Area

699 - Not Defined

 School District

Other

Listing ID

ML82046627

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Electric Cooktop, Electric Oven, Freezer, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
Other:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Zoning:Multi Family Dwelling
Roof:Mansard
Sewer:Public Sewer
Principal Interest
$13,228
Taxes
$1,833

Home Price

$2,639,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$527,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,227.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,227.81 $1,833.33 $0.00 $15,061.14
Yearly $158,733.67 $22,000.00 $0.00 $180,733.67
Total $4,762,010.19 $660,000.00 $0.00 $5,422,010.19
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Pacific Grove, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-06-25T23:39:42.000Z

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