$2,250,000
Sqft:
2,493
Sqft lot:
5,200
Acre lot:
0.12
27 Days On Market -
Courtesy of Century 21 Showcase Realtors, Patrick John McEldowney 831-869-8153
Status:
Active
Property Type:
Single Family Residence
Year Built:
1950
Days On Website:
27
Description
Charming multi-unit property in Pacific Grove, the last hometown. Discover a unique investment opportunity in one of the most picturesque locations on the California coast. This well-maintained multi-unit property offers the perfect blend of beachside living and rental income potential. Features: Location: Just a short stroll from the beach in the desirable Pacific Grove area. Units: 3 separate units providing versatile living and rental options. Unit 1: Spacious 2-bedroom, 1-bathroom ideal for living comfortably while enjoying coastal views. Unit 2: Cozy 2-bedroom, 1-bathroom perfect for generating rental income. Unit 3: Charming 1-bedroom, 1-bathroom another excellent source of rental income. Highlights: Income Potential: Live in one unit and rent out the other two to maximize your investment. Investment Opportunity: Multi use, residential/commercial opportunities . Reason to Love : Pacific Grove is known for its serene environment, charming neighborhoods, and close-knit community. This property offers a unique chance to experience all the perks of coastal living while leveraging rental income to offset your living expenses. Enjoy the convenience of walking a few blocks to the beautiful Pacific Grove coastline. Send us an offer!
Features
Listing
- Source: MLSListings
- Listed on 2025-01-10 11: 35:35
Lot
- Max Area: 5200.00
- Max Area Units: Square Feet
Location
- County: Monterey
Building
- Built in 1950
- 2,493 square feet
- 2,493 living square feet
- Building type: Detached
Accessibility Features
- Parking
Amenities
- Skylight
Floors
- Hardwood
- Vinyl / Linoleum
Foundation
- Concrete Perimeter and Slab
- Concrete Slab
- Crawl Space
Roof
- Composition
Cooling
- Ceiling Fan
Kitchen
- Cooktop - Electric
- Cooktop - Gas
- Countertop - Laminate
- Countertop - Solid Surface / Corian
- Dishwasher
- Refrigerator
Security Features
- None
Garage
- 3 garage spaces
- Attached Garage
Parking
- 1 parking space
Water Features
- Public
Heating
- Fireplace
- Gas
- Wall Furnace
Utilities
- Individual Electric Meters
- Public Utilities
Sewer
- Sewer - Public
Property
- Zoning: R4
- Horse property?: No
Schools
- Elementary school district: Pacific Grove Unified
- High school district: Pacific Grove Unified
Property Map
Map View
$2,250,000 - 718 Forest Ave, Pacific Grove, CA 93950
Street View
Directions
718 Forest Ave
Pacific Grove, CA 93950
County: Monterey
Nearby Schools
Local Sales
Listings last updated on February 6, 2025 5:04PM.