116 16th St, Pacific Grove, CA 93950
Property image
Property image
SOLD
JUL 8, 2026

116 16th St
Pacific Grove, CA 93950

Pacific Grove Retreat
  • 9 Beds
  • 5 Baths
  • 4,120 sqft

$2,639,000

Last Sold: Jul 8, 2026
$641/sqft
Est. Refi. Payment $15,797/mo*

$2,639,000

Last Sold: Jul 8, 2026
$641/sqft
Est. Refi. Payment $15,797/mo*
9 Beds
5 Baths
4,120 sqft

Local Information

  • Map ViewExplore the area around 116 16th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
116 16th St, Pacific Grove, CA 93950 is a 9 bedroom, 5 bathroom, 4,120 sqft multi-family in Pacific Grove Retreat, built in 1973. It last sold for the $2,639,000 asking price on Jul 8, 2026. It is currently off market. The Trulia Estimate is $2,489,400, with a rent estimate of $3,347/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$641/sqft
Listed
58 days ago

Home Details for 116 16th St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 5
Dimensions and Layout
Living Area: 4120 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public, Individual Electric Meters, Individual Gas MetersAppliances: Electric Cooktop, Exhaust Fan, Freezer, Disposal, Range Hood, Electric Oven, Refrigerator, Washer/Dryer Some UnitsDisposalLaundry: Coin OperatedRefrigerator
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHeating Fuel: Forced Air
Gas & Electric
Gas: IndividualGasMeters, PublicUtilities
Windows, Doors, Floors & Walls
Door: None
Levels, Entrance, & Accessibility
Accessibility: None
View
View: Bay, Ocean

Exterior Features

Exterior Home Features
Roof: Mansard PolyurethaneFoundation: Slab
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a CarportHas a GarageParking Spaces: 4Parking: Assigned,Attached,Parking Area
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Residential Income
Property Information
Included in Sale: Building, DishwasherSomeUnits, Land, OvenRangeAllUnitsParcel Number: 006154007000

Price & Status

Price
List Price: $2,639,000Price Per Sqft: $641/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: PacificGrove
School Information
Elementary School District: PacificGroveUnifiedHigh School District: PacificGroveUnifiedWalk Score: 91

Building

Building Area
Building Area: 4120

Lot Information

Lot Area: 4200 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveAgency

Miscellaneous

Mls Number: ML82046627Water ViewWater View: Bay, Ocean
Last check for updates: about 2 hours ago
Listed by Lucie Campos 01345594, (831) 596-6118
Coldwell Banker Realty, (831) 626-2224
Bought with: Nicolas Bokides 01851351, (209) 649-3808, Bokides-Hesseltine Real Estate, (209) 334-3045
Source: MLSListings Inc, MLS#ML82046627

Price History for 116 16th St

DatePriceEventSource
07/08/2026$2,639,000Sold
MLSListings Inc #ML82046627
06/10/2026$2,639,000ContingentMLSListings Inc #ML82046627
05/11/2026$2,639,000Listed For SaleMLSListings Inc #ML82046627

Market trends in Pacific Grove

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
49
4
MoM
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Property Tax and Assessment

Year2025
Tax$22,725
Assessment$2,067,250
Home facts updated by county records

Comparable Sales for 116 16th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.36
Multi-Family Home
$1,650,000
07/01/26
6
4
3,321
0.26
Multi-Family Home
$1,500,000
03/17/26
5
2
3,000
0.78
Multi-Family Home
$2,200,000
07/14/25
6
3
2,919
0.92
Multi-Family Home
$1,580,000
06/05/26
8
4
3,436
0.54
Multi-Family Home
$1,285,000
02/03/26
6
2
2,004
1.17
Multi-Family Home
$1,690,000
08/28/25
6
5
3,620
0.58
Multi-Family Home
$3,700,000
08/11/25
3
2
7,234
1.17
Multi-Family Home
$1,400,000
05/13/26
6
3
2,204

Nearby homes

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Assigned Schools

These are the assigned schools for 116 16th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Pacific Grove Retreat

At least 10 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 91 % Say people would walk alone at night

  • 88 % Say there are sidewalks

  • 83 % Say parking is easy

  • 80 % Say it's walkable to grocery stores

  • 79 % Say there's wildlife

  • 67 % Say they plan to stay for at least 5 years

  • 64 % Say there's holiday spirit

  • 63 % Say neighbors are friendly

  • 60 % Say car is needed

  • 47 % Say yards are well-kept

  • 44 % Say streets are well-lit

  • 40 % Say there are community events

  • 36 % Say it's quiet

  • 31 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Steve S.
    "Safe town to raise your kids, very walkable, small town feel. Right along the coast make it easy to enjoy the outdoor."

LGBTQ Local Legal Protections

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Homes for sale near 116 16th St

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Off Market Homes Near 116 16th St

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Based on information from the MLSListings MLS as of 2026-07-08 20:15:11 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.