718 Forest Avenue

Pacific Grove, CA 93950

PRICE REDUCED

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-$750,000 (-25.00%)

$2,250,000

List Price

N/A

bed Beds

shower Baths

2,493 sqft

straighten / sqft

1950

calendar_month Built

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!

Listing Information

List Price $2,250,000
Status Active
MLS ML81974910
Type Residential Income
Subtype Triplex
Year Built 1950
Lot Size 5,200
Structure Size 2,493
DOM 57
Courtesy Of Century 21 Showcase Realtors
Listing Agent Patrick John McEldowney DRE#01443630

Interior Features

Total Bedroom
Bedrooms N/A
Flooring Information
Material Wood

Exterior Information

Maps

Listing information courtesy of: Patrick John McEldowney, Century 21 Showcase Realtors . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 27th, 2024 at 9:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.