About 618 Forest Ave
Rare offering in prime Pacific Grove within the highly regarded Pacific Grove Unified School District.* Fully occupied fourplex with $12,280 in monthly gross income and strong rental fundamentals. Ideal for an owner-occupant to live in one unit and rent three, or hold as a pure income asset. All units are refreshed with in-unit washer-dryer combos and kitchen appliances, and most kitchens and baths are renovated. On-site parking includes four covered carports. Clear value-add: approx. 788 sq ft ADU plan already City-approved and Water Credits purchased. Walkable to shops, dining, parks, beach, and transit. Please do not disturb occupants.
Features of 618 Forest Ave
| MLS® # | ML82022645 |
|---|---|
| Price | $2,299,000 |
| Square Footage | 3,737 |
| Square Footage | Assessor |
| Acres | 0.12 |
| Year Built | 1972 |
| Type | Multi-Residential |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 618 Forest Ave |
|---|---|
| Area | Pacific Grove - E |
| City | PACIFIC GROVE |
| County | Monterey |
| State | CA |
| Zip Code | 93950 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Parking Spaces | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Gas Heat, Central Forced Air Heat |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Composition Roof |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | Residential 1-4 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chi-ping Shih |
|---|---|
| Office | Compass |
| Contact Info | 240-672-2588 |