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$2,639,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Car Garage
  • Updated 17 hours ago
See This Home
Save This Home
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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.

Full Property Details for 116 16th St

General

  • Sold For: $2,639,000
  • Status: Closed
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML82046627
  • Added to Site: 59 day(s) ago

Rooms

Other Rooms

  • Kitchen: Electric Cooktop, Exhaust Fan, Freezer, Garbage Disposal, Hood over Range, Electric Oven, Refrigerator
  • Laundry: Coin-Operated, Washer/Dryer in Some Units

Additional Information

  • Extras: Not Applicable
  • Security/Safety: Secured Garage / Parking, Security Lights

Parking

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

Location

  • Area: Central Ave/Downtown
  • County: Monterey
  • Cross Streets: Ocean View Blvd.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Irrigation Connected, Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Slab
  • Roof: Mansard, Polyurethane
  • Disability Access: None
  • Square Feet: 4,120
  • Year Built: 1973

Unit Information

Unit 1

  • Square Feet: 820
  • Bedrooms: 2

Unit 2

  • Square Feet: 820
  • Bedrooms: 2

Unit 3

  • Square Feet: 820
  • Bedrooms: 2

Unit 4

  • Square Feet: 1660
  • Bedrooms: 3

Lot Features

  • Property View: Bay, Ocean
  • Minimum Lot Size: 4200
  • Lot Size (Sq. Ft.): 4,200
  • Building Sites: 1
  • Zoning: Multi Family Dwelling

Meet the listing agent

Meet the listing agent
— 116 16th St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 116 16th St

School District:Pacific Grove Unified School District
NameGradesDistance
Robert Down Elementary School
485 Pine Avenue, Pacific Grove, CA 93950
K-50.4 mi
Pacific Grove Middle School
835 Forest Avenue, Pacific Grove, CA 93950
6-80.7 mi
Pacific Grove High School
615 Sunset Drive, Pacific Grove, CA 93950
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 16th St

Date
Details
Price
Change
Source
7/08/2026
Sold
$2,639,000
—
MLS
5/11/2026
Listed
$2,639,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 116 16th St

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10590 Hidden Mesa Pl, Monterey, CA 93940 - Photo 1 Just Listed
$2,295,000
Open House

10590 Hidden Mesa Pl  Monterey, CA 93940

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 3,079
    Sq. Ft.
Listed by Tim Allen (CalRE#: 00891159) (831) 214-1990
57 Skyline Crst, Monterey, CA 93940 - Photo 1 Just Listed
$1,399,000
Open House

57 Skyline Crst  Monterey, CA 93940

  • Townhouse
  • Active
  • Updated 15 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,283
    Sq. Ft.
Listed by Molly McGee (CalRE#: 01461317) (831) 601-8424
814 Parcel St, Monterey, CA 93940 - Photo 1 Just Listed
$1,125,000
Open House

814 Parcel St  Monterey, CA 93940

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,477
    Sq. Ft.
Listed by Lucie Campos (CalRE#: 01345594) (831) 596-6118
2301 Golden Oaks Ln, Monterey, CA 93940 - Photo 1 Just Listed
$475,000

2301 Golden Oaks Ln  Monterey, CA 93940

  • Condo
  • Active
  • Updated 19 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 560
    Sq. Ft.
Listed by Peter Boggs (CalRE#: 02019610) (831) 884-3919

Price Reduced near 116 16th St

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11142 Saddle Rd, Monterey, CA 93940 - Photo 1 Price Reduced
-$200,000 (-7.69%)
$2,400,000

11142 Saddle Rd  Monterey, CA 93940

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 5
    Total Baths
  • 3,790
    Sq. Ft.
Listed by Nancy Nino (CalRE#: 02168301) (831) 277-0405 and William Smith (CalRE#: 01064866) (831) 402-5302
8 Cramden Dr, Monterey, CA 93940 - Photo 1 Price Reduced
-$151,000 (-6.16%)
$2,299,000

8 Cramden Dr  Monterey, CA 93940

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,825
    Sq. Ft.
Listed by Compass, Mahgol Bahrami and Compass, Jennifer Siem- Oldham
217 Casa Verde Way, Monterey, CA 93940 - Photo 1 Price Reduced
-$10,000 (-0.87%)
$1,139,000
Open House

217 Casa Verde Way  Monterey, CA 93940

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Intero Real Estate Services, Karis Sandlin and Intero Real Estate Services, Tinarsha Brown
3 White Tail Ln, Monterey, CA 93940 - Photo 1 Price Reduced
-$76,000 (-4.16%)
$1,749,000
Open House

3 White Tail Ln  Monterey, CA 93940

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,024
    Sq. Ft.
Listed by Keller Williams Realty, The Ruiz Group

Recent Sales near 116 16th St

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127 16th St, Pacific Grove, CA 93950 - Photo 1 Sold
$2,710,000

127 16th St  Pacific Grove, CA 93950

  • Single Family
  • Closed
  • Updated 2 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 3,127
    Sq. Ft.
Listed by Sotheby's International Realty, J.R. Rouse Properties Group
Sold by Gyv26, The Ruiz Group
743 Bayview Ave, Pacific Grove, CA 93950 - Photo 1 Sold
$2,330,000

743 Bayview Ave  Pacific Grove, CA 93950

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,576
    Sq. Ft.
Listed by Over the Moon Realty, Inc, Amber Russell Kerchner
Sold by M5295, Debora Sanders
225 17 Mile Dr, Pacific Grove, CA 93950 - Photo 1 Sold
$2,325,000

225 17 Mile Dr  Pacific Grove, CA 93950

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,216
    Sq. Ft.
Listed by Keller Williams Realty, The Ruiz Group
Sold by Comps, BambacePetersonTeam
765 Gibson Ave, Pacific Grove, CA 93950 - Photo 1 Sold
$2,358,000

765 Gibson Ave  Pacific Grove, CA 93950

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,049
    Sq. Ft.
Listed by Real Brokerage Technologies, The C Group
Sold by McR, Gabriel Arcoleo

116 16th St, Pacific Grove, CA 93950 (MLS# ML82046627) is a Multi-Family property that was sold at $2,639,000 on July 08, 2026. This property was listed by Lucie Campos from our Pacific Grove 650 Office.Want to learn more about 116 16th St? Do you have questions about finding other Multi-Family real estate for sale in Pacific Grove? You can browse all Pacific Grove real estate or contact a Coldwell Banker agent to request more information.