718 Forest AVE Active

Pacific Grove,CA 93950

$ 2250000

5 Beds

3 Baths

2493 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,493 sqft

Price per Sqft $902

MLS Listing ID ML81974910

Bedrooms 5

Full Baths 3

Year Built 1950

Lot Size 5,200 Sqft

Property 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!

Location

State CA

County Monterey

Area Forest Ave/Pine Ave

Zoning R4

Rooms

Kitchen Cooktop - Electric,Cooktop - Gas,Countertop - Laminate,Countertop - Solid Surface / Corian,Dishwasher,Refrigerator,Varies by Unit

Interior

Heating Fireplace ,Gas,Wall Furnace

Cooling Ceiling Fan

Flooring Hardwood,Vinyl / Linoleum

Exterior

Garage Attached Garage

Garage Spaces 3.0

Utilities Available Individual Electric Meters,Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Perimeter and Slab,Concrete Slab,Crawl Space

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

View More
Favorite Go Tour