For more information regarding the value of a property, please contact us for a free consultation.
718 Forest AVE Pacific Grove, CA 93950
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,493 sqft
Price per Sqft $701
MLS Listing ID ML81974910
Sold Date 02/19/25
Bedrooms 5
Full Baths 3
Year Built 1950
Lot Size 5,200 Sqft
Property Sub-Type Triplex
Property 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!
Location
State CA
County Monterey
Area Forest Ave/Pine Ave
Zoning R4
Rooms
Kitchen Cooktop - Electric, Cooktop - Gas, Countertop - Laminate, Countertop - Solid Surface / Corian, Dishwasher, Refrigerator, Varies by Unit
Interior
Heating Fireplace , Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Hardwood, Vinyl / Linoleum
Exterior
Parking Features Attached Garage
Garage Spaces 3.0
Utilities Available Individual Electric Meters, Public Utilities
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter and Slab, Concrete Slab, Crawl Space
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 006-547-011-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
Read Less

© 2025 MLSListings Inc. All rights reserved.
Bought with Patrick John McEldowney • Century 21 Showcase Realtors