718 Forest Avenue
Pacific Grove, CA 93950
- – 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!
Last checked:
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Last updated Jan 21, 2025
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MLS# ML81990025 —
This home is listed in more than one place. See it here, and here, and here, and here, and here.
The Building
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Year Built:1950
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Year Built Source:Assessor
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New Construction:No
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Roof:Composition
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Foundation:Slab
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Stories Total:2
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Accessibility Features:Parking
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Common Walls:No Common Walls
Interior
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Kitchen Features:Laminate Counters
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Window Features:Skylight(s)
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Flooring:Wood
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Living Area Source:Assessor
Room Dimensions
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Living Area:2493.00
Location
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Directions:Cross Street: Sinex
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Latitude:36.61553917
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Longitude:-121.92056599
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:R4
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Lot Size Area:5200.0000
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Lot Size Acres:0.1194
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Lot Size SqFt:5200.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:006547011000
Heating & Cooling
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Heating:1
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Heating:Fireplace(s), Wall Furnace
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Cooktop, Gas Cooktop, Dishwasher, Refrigerator
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Included:Yes
Schools
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High School District:Other
The Community
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Association:No
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Assessments:No
Parking
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Parking Spaces:1.00
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Attached Garage:Yes
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Garage Spaces:3.00
Monthly cost estimate
Asking price
$2,250,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,048
|
| Taxes | N/A |
| Insurance | $618 |
| Utilities | N/A |
| Total | $12,666/mo.* |
| *This is an estimate |
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 |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
Listed / Active | CRMLS_CA | $2,250,000 | |
|
7/25/24
Jul 25, 2024
|
Listed / Active | MLSLISTINGS |
