Rare Pacific Grove Duplex Opportunity! Ideally located just moments from vibrant downtown Pacific Grove, neighborhood cafes, coastal trails, and Lover's Point, this well-maintained duplex offers an exceptional opportunity for both investors and owner-occupants. Each unit features approximately mirrored floor plans with 2 bedrooms, 1 bathroom, a private 1-car garage, and washer/dryer hookups. One unit is currently occupied, providing immediate income, while the second unit is vacant and ready for occupancy or market-rate rental potential. The bright and inviting interiors offer vaulted ceilings, spacious living areas, and abundant natural light. Each residence enjoys its own private, sunny patio - great for outdoor dining, gardening, or relaxing in Pacific Grove's ideal coastal climate. Conveniently located near Robert Down Elementary School, neighborhood parks, shopping, dining, and the scenic Monterey Bay Coastal Trail. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or secure a desirable property in one of the Monterey Peninsula's most sought-after communities, this duplex presents a compelling opportunity.
Single-familyProperty Type
1961Year Built
4,800 sq ftLot Size
$787Price/Sq.Ft.
2 car garageParking
Listed by The Bluhm The Bluhm Team•DRE #70010270• Sotheby’s International Realty
Listed by Joe Gallagher•DRE #01962982• Sotheby’s International Realty
Rare Pacific Grove Duplex Opportunity! Ideally located just moments from vibrant downtown Pacific Grove, neighborhood cafes, coastal trails, and Lover's Point, this well-maintained duplex offers an exceptional opportunity for both investors and owner-occupants. Each unit features approximately mirrored floor plans with 2 bedrooms, 1 bathroom, a private 1-car garage, and washer/dryer hookups. One unit is currently occupied, providing immediate income, while the second unit is vacant and ready for occupancy or market-rate rental potential. The bright and inviting interiors offer vaulted ceilings, spacious living areas, and abundant natural light. Each residence enjoys its own private, sunny patio - great for outdoor dining, gardening, or relaxing in Pacific Grove's ideal coastal climate. Conveniently located near Robert Down Elementary School, neighborhood parks, shopping, dining, and the scenic Monterey Bay Coastal Trail. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or secure a desirable property in one of the Monterey Peninsula's most sought-after communities, this duplex presents a compelling opportunity.
MLSListings #ML82052002
Aug 17, 2026
Price Changed
$1,450,000
$787/sq ft
Jun 23, 2026
Listed
$1,595,000
$866/sq ft
+41
Public Records
May 24, 2023
Sold
$1,493,500
$811/sq ft
MLSListings #ML81924252
May 24, 2023
Sold
$1,493,005
$811/sq ft
Apr 20, 2023
Contingent
—
Apr 11, 2023
Listed
$1,450,000
$787/sq ft
Public Records
Oct 2, 1985
Sold
$174,000
$94/sq ft
Public Records
Aug 30, 1985
Sold
$174,000
$94/sq ft
Public Records
Feb 4, 1982
Sold
$43,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$17,101 (+5.1%)
$636,724 + $947,663
$1,584,387
2024
$16,278 (+325.1%)
$624,240 + $929,082
$1,553,322
2023
$3,829 (+2.0%)
$612,000 + $910,865
$1,522,865
2022
$3,753 (+0.5%)
$153,114 + $183,144
$336,258
2021
$3,733 (+2.0%)
$150,112 + $179,553
$329,665
2020
$3,659 (+3.2%)
$147,169 + $176,033
$323,202
2019
$3,546 (+1.9%)
$145,660 + $174,228
$319,888
2018
$3,480 (+1.6%)
$142,804 + $170,812
$313,616
2017
$3,424 (−0.2%)
$137,259 + $164,180
$301,439
2016
$3,430 (+1.6%)
$137,259 + $164,180
$301,439
2015
$3,376 (+2.1%)
$134,568 + $160,961
$295,529
2014
$3,307 (+0.8%)
$129,951 + $155,439
$285,390
2013
$3,281 (+2.9%)
$129,951 + $155,439
$285,390
2012
$3,188 (+2.4%)
$129,364 + $154,737
$284,101
2011
$3,114 (+1.5%)
$126,828 + $151,703
$278,531
2010
$3,069 (+1.2%)
$124,342 + $148,729
$273,071
2009
$3,032 (+3.3%)
$123,413 + $147,618
$271,031
2008
$2,935
$123,707 + $147,969
$271,676
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,800 Sq. Ft.
Year renovated
1961
Finished Sq. Ft.
1,842
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,842
Year built
1961
Style
Other
County
Monterey County
APN
006506007000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-1
Single-Family Residential District
The regulations in this chapter shall apply in all R-1 districts, and shall be subject to the provisions of Chapter 23.64 PGMC unless the provisions of this chapter are in conflict with said Chapter 23.64 PGMC, in which event the provisions of this chapter shall prevail.
Permitted uses
Include but are not limited to:
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 74° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Pacific Grove, CA • 93950
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 514 7th St
$1,425,185
$25K under list price of $1.45M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $1.6M.