$2,250,000
 $12,078 est/mo Sourced by Back At You

718 Forest Avenue,Pacific Grove, CA 93950

Pacific Grove, CA 93950

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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!

Details

MLS #ML81990025
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1950
Days On Site301
Listing Provided ByCentury 21 Showcase Realtors (831) 648-7271 | Patrick John McEldowney

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,493
Garage3
Story(s)2
ZoningR4
Acreage0.12

Area Information

StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
School DistrictOther
High SchoolOther
Listing VS Median (in 93950)
Price:
$2,250,000
low | high
Med:
$1,399,000
87.822222222222% of Average
sqft:
2,493
low | high
Med:
1,928
72.663457681508% of Average
$ / sqft:
$903
low | high
Med:
$726
69.601037344398% of Average
On site:
301
low | high
Med:
1336.000000
22.52994011976% of Average
Sourced by Back At You

Market Activity 93950

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Learn More About This Property

StateCA
CountyMonterey
CityPacific Grove
Zip Code93950
Area699 Not Defined
School DistrictOther
High SchoolOther
Listing VS Median (in 93950)
Price:
$2,250,000
low | high
Med:
$1,399,000
87.822222222222% of Average
sqft:
2,493
low | high
Med:
1,928
72.663457681508% of Average
$ / sqft:
$903
low | high
Med:
$726
69.601037344398% of Average
On site:
301
low | high
Med:
1336.000000
22.52994011976% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.687M - $2.812M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
817 Congress Avenue Property Photo 1
$1,985,000
817 Congress Avenue
Pacific Grove, CA 93950
917 Fountain Avenue Property Photo 1
$1,950,000
917 Fountain Avenue
Pacific Grove, CA 93950
Listing Updated: February 18, 2025 at 10:19:15 AM PST