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$2,250,000

  • For Sale
  • Active
  • Triplex
  • 2,493 Sq. Ft.
  • 3 Car Garage
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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!

Full Property Details for 718 Forest Ave

General

  • Price: $2,250,000
  • Status: Active
  • Type: Triplex
  • Source: RE_Infolink
  • MLS ID: ML81974910
  • Updated: 12/25/2024
  • Added to Site: 168 day(s) ago

Interior

  • Interior Features: Skylight
  • Flooring: Hardwood, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Electric Cooktop, Gas Cooktop, Laminate Countertop, Countertop - Solid Surface / Corian, Dishwasher, Refrigerator, Varies by Unit

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Garage Spaces: 3
  • Parking Features: Attached Garage

Location

  • Area: Forest Ave/Pine Ave
  • County: Monterey
  • Cross Streets: Sinex

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Fireplace , Gas, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Public Utilities
  • Metering: Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter and Slab, Concrete Slab, Crawlspa
  • Roof: Composition
  • Disability Access: Parking
  • Square Feet: 2,493
  • Year Built: 1950

Unit Information

Unit 1

  • Square Feet: 900
  • Bedrooms: 2

Unit 2

  • Square Feet: 900
  • Bedrooms: 2

Unit 3

  • Square Feet: 700
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1194
  • Minimum Lot Size: 5200
  • Lot Size (Sq. Ft.): 5,200
  • Building Sites: 2
  • Zoning: R4

Listed by Century 21 Showcase Realtors, Patrick John McEldowney

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Listing agent

— 718 Forest Ave —

  • Patrick John McEldowney

    Century 21 Showcase Realtors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 718 Forest Ave

School District:Pacific Grove Unified
RatingNameGradesDistance
9
Robert Down Elementary School
485 Pine Ave, Pacific Grove, CA 93950
K-50.3 mi
7
Pacific Grove Middle School
835 Forest Ave, Pacific Grove, CA 93950
6-80.1 mi
9
Pacific Grove High School
615 Sunset Dr, Pacific Grove, CA 93950
9-120.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 718 Forest Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2024
Price Reduced
$2,250,000
-25%
MLS
7/30/2024
Listed
$3,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 718 Forest Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,900
—
$1,560,600
2%
2023
$16,900
2%
$1,530,000
2%
2022
$16,558
240%
$1,500,000
248%
2021
$4,865
2%
$430,640
1%
2020
$4,768
3%
$426,225
2%
2019
$4,618
2%
$417,869
2%
2018
$4,529
2%
$409,677
2%
2017
$4,455
—
$401,646
2%
2016
$4,463
2%
$393,772
2%
2015
$4,391
2%
$387,858
2%
2014
$4,300
1%
$380,262
—
2013
$4,256
—
$378,544
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Century 21 Showcase Realtors, Patrick John McEldowney

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718 Forest Ave, Pacific Grove, CA 93950 (MLS# ML81974910) is a Triplex property with 0 bedrooms and 0 full bathrooms. 718 Forest Ave is currently listed for $2,250,000 and was received on July 30, 2024. Want to learn more about 718 Forest Ave? Do you have questions about finding other Triplex real estate for sale in Pacific Grove? You can browse all Pacific Grove real estate or contact a Coldwell Banker agent to request more information.

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