Located at Pfeiffer Big Sur State Park. It's about a mile hike through lovely redwoods. We gave up shortly into the hike because others returning from the falls said it was a small insignificant site unworthy of the effort. I would imagine after rainfall it would be worth the effort. Perhaps call the park at (831) 667-2315 for the state of the falls.
Save your $10 parking pass as it's valid all day at other state parks as well. This is your park hopper pass!!! :-)