718 Forest Avenue Pacific Grove, CA 93950
Listing Courtesy of: MLSlistings Inc. / Century 21 Showcase, Realtors® / Patrick McEldowney - Contact:  831-869-8153

  718 Forest Avenue Pacific Grove, CA 93950

Active (117 Days)
$2,250,000

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!

MLS #:
ML81974910
Lot Size
5,200 SQFT
Type
Multifamily
Year Built
1950
School District
440
County
Monterey County

Listed By

Patrick McEldowney, Century 21 Showcase, Realtors®, Contact: 831-869-8153
Source
MLSlistings Inc.
Last checked Nov 25 2024 at 4:46 AM GMT+0000
Bathroom Details
Kitchen
  • Varies by Unit
  • Refrigerator
  • Dishwasher
  • Countertop - Solid Surface / Corian
  • Countertop - Laminate
  • Cooktop - Gas
  • Cooktop - Electric
Property Features
  • Foundation: Crawl Space
  • Foundation: Concrete Slab
  • Foundation: Concrete Perimeter and Slab
Heating and Cooling
  • Wall Furnace
  • Gas
  • Fireplace
  • Ceiling Fan
Flooring
  • Vinyl / Linoleum
  • Hardwood
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water - Public, Public Utilities, Individual Electric Meters
  • Sewer: Sewer - Public
Garage
  • Attached Garage
Stories
  • 2
Living Area
  • 2,493 sqft
Additional Information: Showcase, Realtors® | 831-869-8153
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 17, 2024
Price Changed
$2,250,000
-25%
-750,000
Jul 30, 2024
Original Price
$3,000,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Showcase, REALTORS® and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Listing Exchange program of the MLSListings Inc.TM MLS system. Real estate listings held by brokerage firms other than the broker who owns this website are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. Listing data updated every 30 minutes.

Properties with the icon(s) are courtesy of the MLSListings Inc.

Listing Data Copyright 2024 MLSListings Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.