CRE Admin

Pacific Grove, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Pacific Grove, California Market population: 15K. Browse multifamily, office, retail, industrial, and mixed-use investment...

Advertisement
Cap Rate: High NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in California.
10 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Pacific Grove CA Properties: 6.68%

⭐ Featured

High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Pacific Grove CA

Common questions from investors exploring commercial real estate in Pacific Grove CA.

What's the overall investment outlook for Pacific Grove, CA? +
With a median household income of $83,419 and a relatively low poverty rate of 5.8%, Pacific Grove presents a stable investment market, further supported by its high health insurance coverage rate of 96.2% and a strong presence of industries like Health Care & Social Assistance and Educational Services.
How does the city's demographic diversity impact rental demand? +
The city's ethnic diversity, with a majority of White (83.8%) residents, followed by Hispanic (8.5%) and Asian (4.2%) populations, combined with a foreign-born rate of 12.3%, suggests a culturally rich and potentially vibrant rental market, especially considering the top industries and the median property value of $843,400.
What are the key factors influencing tenant quality in Pacific Grove? +
The low poverty rate of 5.8% and high health insurance coverage of 96.2% indicate a stable and employed population, which is beneficial for tenant quality, and when combined with an average commute time of 22.2 minutes and a high rate of homeownership (58.2%), it suggests a reliable and stable tenant base.
How does the local economy support real estate investment in Pacific Grove? +
The local economy, driven by Health Care & Social Assistance, Educational Services, and Accommodation & Food Services, provides a solid foundation for employment and income stability, which is crucial for real estate investment, and with a median household income of $83,419 and a GINI coefficient of 0.461, it indicates a balanced economic environment.
What role does transportation play in the attractiveness of Pacific Grove for investors? +
The average commute time of 22.2 minutes, with a majority (74.1%) driving alone and a significant portion (12.3%) working from home, suggests that Pacific Grove offers flexible and relatively convenient transportation options, which, combined with its high health insurance rate and low poverty rate, makes it an attractive location for both residents and investors.

Pacific Grove CA Real Estate & City Facts

Key facts and real estate information about Pacific Grove CA.

What are some of the best neighborhoods to live in Pacific Grove? +
Some of the best neighborhoods to live in Pacific Grove include The Retreat, Beach Tract, Candy Cane Lane, Asilomar, Del Monte Park, Forest Hill, Country Club Gate, and David Avenue. These areas offer a range of housing options, from cozy cottages to larger homes, and are known for their beautiful scenery and friendly atmosphere.
What are some fun things to do in Pacific Grove? +
There are plenty of fun things to do in Pacific Grove, including walking or biking along the Coastal Recreation Trail, visiting Lovers Point, exploring Asilomar State Beach, playing a round of golf at Pacific Grove Golf Links, and taking in the stunning views of the Big Sur Coastline. You can also visit the Monterey Bay Aquarium, go kayaking or paddleboarding, or take a whale-watching tour.
What is the food scene like in Pacific Grove? +
The food scene in Pacific Grove is diverse and delicious, with a range of restaurants serving everything from fresh seafood to gourmet cuisine. Some popular spots include Red House Cafe, The Spotted Duck, Rudolfo's, Passionfish, La Côte Bleue, Patisserie Boissiere Restaurant, Village Corner California Bistro, Patria on Main, Epernay Bistro, First Awakenings, Holly's Cafe, and Fandango Restaurant. There are also plenty of great food trucks and cafes serving up tasty treats.
What are the pros and cons of living in Pacific Grove? +
The pros of living in Pacific Grove include its beautiful scenery, friendly atmosphere, and range of outdoor activities. However, some cons include the high cost of living, limited job opportunities, and crowded tourist areas during peak season. Additionally, the city can be quite foggy, especially in the summer months, which may be a drawback for some people. Overall, Pacific Grove is a great place to live for those who value natural beauty, outdoor recreation, and a strong sense of community.
Is Pacific Grove a good place to live? +
Pacific Grove is a great place to live for those who value natural beauty, outdoor recreation, and a strong sense of community. The city offers a range of housing options, a diverse food scene, and plenty of activities to enjoy. However, it may not be the best fit for everyone, especially those on a tight budget or looking for a more urban lifestyle. Ultimately, whether or not Pacific Grove is a good place to live depends on your individual priorities and preferences.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Pacific Grove CA Properties: 1.0800%

Advertisement
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Pacific Grove CA Commercial Property: $83,419

⭐ Featured

Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
Advertisement
⭐ Featured

Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
⭐ Featured

Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
Advertisement