$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
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

Melissa Chan

Realtor

Listings last updated on February 6, 2025 5:04PM.