718 Forest Avenue, Pacific Grove, CA 93950

About this triplex

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 description from the February 2025 sale, as reported to CRMLS.

Sale history

$1,750,000

Sold February 2025 · listed $2,250,000, orig. $3,000,000, on market July 2024 · MLS #ML81974910 · Source: CRMLS

Listing Agent: Patrick John McEldowney · Listing Office: Century 21 Showcase Realtors · Contact: (831) 648-7271 · Bought with: Patrick John McEldowney · Century 21 Showcase Realtors

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