718 Forest Avenue

Pacific Grove, CA 93950

About this property

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!

About this property

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!

Features and Additional Information

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$2,250,000 Active
2,493 SQFT

Presented By Coldwell Banker Commercial Real Estate Solutions

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Get in touch today! Phone: 1-760-684-8000
License #DRE: 01857050
Brokerage
Century 21 Showcase Realtors (831) 648-7271
1-831-648-7271
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Area Information

699 Not Defined | Monterey County |

$ 2,250,000
This listing is play_arrow 25.7% higher than the average in the area
$ 1,790,000 in the area
2,493 SqFt
This listing is play_arrow 6.6% larger than the average in the area
2,338 SqFt in the area
$ 903 $/SqFt
This listing is play_arrow 17.9% more than the average in the area
$ 766 $/SqFt in the area
132 days on site
This listing is play_arrow 100.0% above the average in the area
66 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Patrick John McEldowney
Brokerage: Century 21 Showcase Realtors (831) 648-7271

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