718 Forest Avenue
Pacific Grove, CA 93950
- 5 beds
- – baths
- 2,493 sqft
- 5,200 sqft lot
- $701 per sqft
- 1950 build
- – on site
More homes
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!
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Last updated Mar 17, 2025
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MLS# ML81974910 —
The Building
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Year Built:1950
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Building Area Units:Square Feet
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Building Area Total:2493
Interior
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Flooring:Hardwood
Room Dimensions
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Living Area:2493
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Living Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:006547011000
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Zoning:R4
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5200
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (831) 869-8153
Beds
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Bedrooms Total:5
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Natural Gas
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Schools
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High School District:Pacific Grove Unified
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/13/25
Feb 13, 2025
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Pending | BRIDGE | ||
2/12/25
Feb 12, 2025
|
Pending | CRMLS_CA | ||
1/10/25
Jan 10, 2025
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Listed / Active | CRMLS_CA |