About 718 Forest Ave
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 of 718 Forest Ave
MLS® # | ML81974910 |
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Price | $2,250,000 |
Square Footage | 2,493 |
Square Footage | Assessor |
Acres | 0.12 |
Year Built | 1950 |
Type | Multi-Residential |
Sub-Type | Triplex |
Status | Active |
Community Information
Address | 718 Forest Ave |
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Area | Pacific Grove - E |
City | PACIFIC GROVE |
County | Monterey |
State | CA |
Zip Code | 93950 |
Amenities
Utilities | Individual Electric Meters, Public Utilities |
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Parking Spaces | 1 |
Garages | Attached |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Heat-See Fireplace, Gas Heat, Wall Furnace |
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Cooling | Ceiling Fan |
Fireplace | No |
# of Stories | 2 |
Exterior
Roof | Composition Roof |
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Foundation | Concrete Perimeter & Slab, Concrete Slab, Crawl Space |
Additional Information
Zoning | R4 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Patrick John Mceldowney |
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Office | Century 21 Showcase Realtors |
Contact Info | 831-869-8153 |