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!
MLS #
ML81974910
MLS Source
MLSListings, Inc.
Days on Site
91
Kitchen
Countertop - Laminate, Countertop - Solid Surface / Corian, Varies by Unit
Appliances
Cooktop - Electric, Cooktop - Gas, Dishwasher, Refrigerator
Flooring
Hardwood, Vinyl/Linoleum
Cooling
Ceiling Fan
Heating
Fireplace, Gas, Wall Furnace
Roof
Composition
Foundation
Slab, Crawl Space, Concrete Perimeter and Slab
Garage/Parking
Attached Garage, Garage: 3 Car(s)
Elementary District
Pacific Grove Unified
High School District
Pacific Grove Unified
Sewer
Public Sewer
Water
Public
Zoning
R4
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 0 | 3 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 900 | 2 | 1/0 | $3,200 |
2 | 900 | 2 | 1/0 | $3,000 |
3 | 700 | 1 | 1/0 | $2,750 |
718 Forest Ave is a Triplex in Pacific Grove, CA 93950. This 2,493 square foot property sits on a 5,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,250,000 and was built in 1950.
This address can also be written as 718 Forest Ave, Pacific Grove, CA 93950.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of November 01, 2024. For the most current information, please contact Patrick John McEldowney, (831) 869-8153