This is an image of the offshore rock formation known as Pinnacle Point, a part of the Point Lobos State Reserve, located just south of Carmel, California.
The description states:
A highlight of the rugged wave-swept coastline at Lobos State Park, south of Carmel, California.
–Unlike other such rock formations, these are not white from bird guano deposits, but are sun bleached where they extend above the tide line.
This image likely dates from the 1950s.