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Alan Canas

alan.canas@engelvoelkers.com +1(415) 298-8940

$ 2,250,000

Est. payment -/mo

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Active

718 Forest AVE Pacific Grove, CA 93950

5 Beds

3 Baths

2,493 SqFt

UPDATED:

12/22/2024 07:20 AM

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

Parking Features 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

Level or Stories 2

Others

Tax ID 006-547-011-000

Miscellaneous Skylight

Security Features None

Horse Property No

Special Listing Condition Not Applicable

Listed by Patrick John McEldowney • Century 21 Showcase Realtors

Alan Canas

Global Real Estate Advisor | License ID: 01793936

+1(415) 298-8940

Alan Canas

718 Forest AVE Pacific Grove, CA 93950

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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718 Forest AVE