Active

718 Forest AVE

PACIFIC GROVE CA, 93950

$2,250,000


$902.53 per sqft

Active

2,493 sqft

Multi-family

Built in 1950

Listed by Century 21 Showcase Realtors, Patrick John McEldowney, Listing Contact: 8318698153

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!

ML81974910

MLS ID

July 30, 2024

Listed

October 1, 2024

Updated

Map

718 Forest AVE
PACIFIC GROVE CA, 93950

Interior Features

Total Stories

2


Interior Features

Hardwood


Appliances

Cooktop, Dishwasher, Refrigerator


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Pacific Grove Unified

Other Property Details

Area Name

Forest Ave/Pine Ave


Garage

Yes


Garage Spaces

3


Parking

Attached


Parking Total

1


View

No


County

Monterey


Water Source

Public


Pool

No


Zoning

R4

Listing History

Date

Event

Price

9/17/2024

Price change

$2,250,000

-25%

Listed by Century 21 Showcase Realtors, Patrick John McEldowney,
Listing Contact: 8318698153 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stacey Scherling | CA DRE# 02157842 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Stacey Scherling | CA DRE# 02157842 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 7:17 PM UTC, 10/1/2024

 

 

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