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!
Property Details
Price:
$2,250,000
MLS #:
ML81974910
Status:
Active
Baths:
0
Address:
718 Forest Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Pacific Grove
Listed Date:
Jul 30, 2024
State:
CA
ZIP:
93950
Lot Size:
5,200 sqft / 0.12 acres (approx)
Year Built:
1950
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Schools
Interior
Accessibility Features
Parking
Appliances
Electric Cooktop, Gas Cooktop, Dishwasher, Refrigerator
Flooring
Wood
Heating
Fireplace(s), Wall Furnace
Window Features
Skylight(s)
Exterior
Foundation Details
Slab
Garage Spaces
3.00
Parking Spots
1.00
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address718 Forest Avenue Pacific Grove CA
- Area699 – Not Defined
- CityPacific Grove
- CountyMonterey
- Zip Code93950
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Courtesy of Century 21 Showcase Realtors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
718 Forest Avenue
Pacific Grove, CA
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