$2,250,000
For Sale

718 Forest Avenue

Pacific Grove, CA 93950
2493 sqft | 0.12 acres | #ML81974910
Listing OfficeCentury 21 Showcase Realtors
Browse 290 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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!

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$3,000,000
      • MLS #ML81974910
      • MLS #ML81974910
      • CountyMonterey
      • Cost2250000
      • Property SubtypeTriplex
      • Acres0.1194
      • Utility SourcePublic
      • School DistrictOther
      • Square Feet2493
      • Year Built1950
      • FoundationSlab
      • Stories2
      • Parking Spaces3

Location

Mirvat KhouryReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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