514 7th Street

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.

Days on Market

2 days

Current Status

Active

Original Price

$1,450,000

List Price

$1,450,000

On Market Date

Aug 19, 2026

Property Type

Single Family Home

Area

130 - Forest Ave/Pine Ave

Zip Code

93950

MLS ID

ML82058285

APN

006-506-007-000

Year Built

1961

Stories in Building

1

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

2

Full on Ground Floor

Parking

2

Attached Garage, Off-Street Parking

SQ FT

1,842

SQ FT Source

Unavailable

Lot SQ FT

4,800.0

Lot Acres

0.110193 Acres

Kitchen

Countertop - Tile, Dishwasher, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator

Cooling

None

Dining Room

Dining Area in Living Room

Disclosures

Natural Hazard Disclosure

Family Room

No Family Room

Flooring

Carpet, Tile

Foundation

Concrete Perimeter, Pillars / Posts / Piers

Fire Place

Gas Log, Living Room

Heating

Central Forced Air - Gas, Stove - Wood

Laundry

In Garage

Possession

COE

Architectural Style

Traditional

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.