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Sold for $1,750,000 on 02/19/25
  • $1,750,000

    718 Forest Ave, Pacific Grove, CA 93950

    --beds
    --baths
    2,493sqft
    Triplex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $702/sqft
    $2,019 Estimated rent

    Owner options

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    $2,019/mo

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    $2,019/mo

    Rent Zestimate®

    Refinance and save

    $10,819/mo

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    $10,819/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: February 19, 2025 at 06:42am

    Listed by:

    Patrick John McEldowney 01443630 831-869-8153,

    CENTURY 21 Masters 831-648-7271

    Bought with:

    Patrick John McEldowney, 01443630

    CENTURY 21 Masters

    Source: MLSListings Inc,MLS#: ML81974910MLS Logo

    Facts & features

    Interior

    Kitchen
    • Features: Countertop_Laminate, Countertop_SolidSurfceCorian, VariesbyUnit
    Heating
    • Fireplace(s), Gas, Wall Furnace
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Gas Cooktop, Dishwasher, Refrigerator
    Features
    • Flooring: Hardwood, Vinyl Linoleum
    • Windows: Skylight(s)
    Interior area
    • Total structure area: 2,493
    • Total interior livable area: 2,493 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Garage spaces: 3
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Stories: 2
    Lot
    • Size: 5,200 sqft
    Details
    • Parcel number: 006547011000
    • Zoning: R4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Foundation: Slab, Crawl Space, Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 1950

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters

    Community & neighborhood

    Location
    • Region: Pacific Grove

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan