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Sold for $3,700,000 on 08/11/25
  • $3,700,000

    Forest Pacificgrove, Pacific Grove, CA 93950

    --beds
    --baths
    7,234sqft
    Five Or More Units,
    Built in 1941
    -- sqft lot
    $3,699,100 Zestimate®
    $511/sqft
    $-- Estimated rent

    What's special

    A rare opportunity to own a 12-unit complex located in the iconic waterfront city of Pacific Grove. This trophy property provides investors an asset with tremendous presence, character, and scale in the city's most dynamic location. Strategically located in a popular coastal town known for its vibrant tourism and strong rental market, this property is an attractive opportunity for investors seeking both immediate returns and long-term growth. Luxury coastal living with a highly walkable and accessible location close to beaches, recreation trails, everyday shopping, casual restaurants, and world class attractions Unit amenities include hardwood floors, high ceilings, and spacious floor plans. Unique architectural design, provides large windows allowing plenty of natural light, spacious closets, and efficient layouts. Attractive to long-term tenants, residents can enjoy incredible access to neighborhood amenities and transportation. Property within walking distance to the Pacific Grove Unified School District (Pacific Grove High School, Pacific Grove Middle School, Robert Down Elementary School, and Forest Grove Elementary School). Investors seeking a product and location that is irreplaceable, with value-add potential, will strongly consider this once in a lifetime investment.

    Zillow last checked: 7 hours ago

    Listing updated: August 11, 2025 at 01:51pm

    Listed by:

    Marielena Carriglio 01745757 831-915-4675,

    Coast Realty and Property Management

    Bought with:

    Conor Brennan, 01918598

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML82002686MLS Logo

    Facts & features

    Interior

    Kitchen
    • Features: Countertop_Formica
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Cooktop, Gas Oven
    • Laundry: Coin Operated
    Features
    • Flooring: Hardwood, Laminate, Tile, Unfinished, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 7,234
    • Total interior livable area: 7,234 sqft

    Property

    Parking
    • Parking features: Carport, Covered
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 7,666 sqft
    Details
    • Parcel number: 006482004000
    • Zoning: R-4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units,
    Materials
    • Foundation: Concrete Perimeter
    • Roof: TarGravel
    Condition
    • Year built: 1941

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Pacific Grove

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $3,699,100
    2% more+ $73,982
    With Zillow Showcase(estimated)
    $3,773,082