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 (74 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 Oct 13 2024 at 12:29 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
   
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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.
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