$ 2,250,000
718 Forest AVE Pacific Grove, CA 93950
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 2,250,000
Est. payment /mo
Price Dropped by $750K
718 Forest AVE Pacific Grove, CA 93950
2,493 SqFt
UPDATED:
10/13/2024 01:18 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,493 sqft
Price per Sqft $902
MLS Listing ID ML81974910
HOA Y/N No
Year Built 1950
Lot Size 5,201 Sqft
Acres 0.1194
Property Description
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!
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R4
Interior
Heating Fireplace(s), Wall Furnace
Flooring Wood
Fireplace No
Appliance Dishwasher, Electric Cooktop, Gas Cooktop, Refrigerator
Exterior
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
Roof Type Composition
Accessibility Parking
Total Parking Spaces 1
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 006547011000
Special Listing Condition Standard
Listed by Patrick John McEldowney • Century 21 Showcase Realtors