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!
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
What's special
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#: ML81974910
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