718 Forest AVE, Pacific Grove, CA 93950

$2,250,000
5
BD
2,493
SqFt

Listed by Patrick John McEldowney, 831-869-8153 from Century 21 Showcase Realtors
(If provided) CoList: from

List Price
$2,250,000
Price Change
▼ $750,000 1726631211
MLS#
ML81974910
Status
ACTIVE
Zoning
R4
Year Built
1950
Age
74
City
Pacific Grove
Lot Size
5,200
Zip
93950
Sqft. of Residence
2,493
Listing Area
Forest Ave/Pine Ave
Acres
0.12
Neighborhood
Other

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!

Additional Information

Acres
0.12
Amenities
Skylight
Cooling System
Ceiling Fan
Floor Covering
Hardwood, Vinyl / Linoleum
Foundation
Concrete Perimeter and Slab, Concrete Slab, Crawl Space
Garage Parking
Attached Garage
Heating System
Fireplace, Gas, Wall Furnace
Living Area
2,493
Lot Size
5,200
Neighborhood
Forest Ave/Pine Ave
Other Utilities
Individual Electric Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Unit1 Approxsqft
900
Unit1 Beds
2
Unit1 Rent
3200
Unit2 Approxsqft
900
Unit2 Beds
2
Unit2 Rent
3000
Unit3 Approxsqft
700
Unit3 Beds
1
Unit3 Rent
2750
Water
Public
Zoning
R4

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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