718 Forest AVE
Pacific Grove, CA 93950
- 5 beds
- – baths
- 2,493 sqft
- 5,200 sqft lot
- $902 per sqft
- 1950 build
- – on site
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!
Listing courtesy of MLSLISTINGS / Patrick John McEldowney / Century 21 Showcase Realtors
Last checked:
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Last updated Oct 13, 2024
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MLS# 81974910 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1950
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Age:74
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Subclass:Triplex
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Roofing:Composition
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Foundation:Concrete Perimeter and Slab, Concrete Slab, Crawl Space
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# of Stories:2
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# of Units:3
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Special Features:Parking
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Structure SqFt:2493
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Structure SqFt Source:Assessor
Interior
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Kitchen:Cooktop - Electric, Cooktop - Gas, Countertop - Laminate, Countertop - Solid Surface / Corian, Dishwasher, Refrigerator, Varies by Unit
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Flooring:Hardwood, Vinyl / Linoleum
Room Dimensions
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Living SqFt:2493
Location
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Cross Street:Sinex
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City Limits:Yes
The Property
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Lot Acres:0.1194
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Lot Size Area Min:5200.00
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Parcel Number:006-547-011-000
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Zoning:R4
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81974910
The Listing
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Branded Additional Tour:
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Unbranded Additional Tour:
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Branded 3D Tour:
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:Ceiling Fan
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Heating Methods:Fireplace, Gas, Wall Furnace
Utilities
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Utilities:Individual Electric Meters, Public Utilities
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Sewer/Septic System:Sewer - Public
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Water Source:Public
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Meters:Separate Electric, Separate Gas
The Community
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Amenities Misc.:Skylight
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Pool:No
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HOA:No
Parking
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Description and Access:Attached Garage
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Parking Spaces:1
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Garage Spaces:3
Extra Units
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# of Buildings:2
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Unit 1 Full Bathrooms:1
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Unit 2 Full Bathrooms:1
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Unit 3 Full Bathrooms:1
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Unit 1 SqFt:900 Sqft
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Unit 2 SqFt:900 Sqft
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Unit 1 Bed:2
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Unit 3 SqFt:700 Sqft
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Unit 2 Beds:2
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Unit 3 Beds:1
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 |
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9/17/24
Sep 17, 2024
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Price Changed | MLSLISTINGS | $2,250,000 | -25.0% |
7/30/24
Jul 30, 2024
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Listed / Active | MLSLISTINGS | $3,000,000 |