718 Forest Ave Pacific Grove, CA 93950

Multi-Family (2-4 Units) MLS #: ML81974910 Listed By CENTURY 21 Showcase, REALTORS®

$3,000,000

5 beds | 3 baths | 2,493 sq ft
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Estimated monthly payments: $13,114/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Lot Size: 0.12 Acres
  • Style: Not Applicable

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718 Forest Ave, Pacific Grove, CA 93950
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School Information

718 Forest Ave, Pacific Grove, CA 93950

Elementary School
Grades KG-5 | Public School
ROBERT DOWN ELEMENTARY SCHOOL
Pacific Grove, CA 93950
485 Pine Ave
831.­646.6540
Distance: 0.3 mi
School Rating
A
Student:Teacher Ratio
20:1
Total Students
442
Middle School
Grades 6-8 | Public School
PACIFIC GROVE MIDDLE SCHOOL
Pacific Grove, CA 93950
835 Forest Ave
831.­646.6568
Distance: 0.1 mi
School Rating
B+
Student:Teacher Ratio
17:1
Total Students
465
High School
Grades 9-12 | Public School
PACIFIC GROVE HIGH SCHOOL
Pacific Grove, CA 93950
615 Sunset Dr
831.­646.6590
Distance: 0.5 mi
School Rating
A
Student:Teacher Ratio
16:1
Total Students
582
Other Nearby Schools Distance Type Grades School Rating
Forest Grove Elementary School 0.6 mi Public KG-5 B
Community High (continuation) 0.9 mi Public 9-12
Monterey Bay Charter 0.9 mi Public KG-8 B+
Trinity Christian High School 0.9 mi Private 6-12
Big Sur Charter 1.3 mi Public KG-12 B-
Walter Colton 1.7 mi Public 6-8
Monterey High School 1.8 mi Public 9-12 A
Monterey Peninsula Unified School District Community Day High School 1.8 mi Public 9-12
Monte Vista 1.9 mi Public KG-5 C+
San Carlos School 2.1 mi Private KG-8
Stevenson School - Pebble Beach Campus 2.8 mi Private PK-12
Bay View Academy 3.1 mi Public KG-8 B-
Santa Catalina School 3.3 mi Private PK-12
La Mesa Elementary School 3.4 mi Public KG-5 B-
Stevenson School Carmel Campus 3.6 mi Private PK-8
Carmel High School 4.2 mi Public 9-12 A+
Monterey Bay Christian School 4.5 mi Private PK-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Pacific Grove, CA 93950

Median Age: 46.8
Married: 44%
Number of Households: 7,087
Households with Children: 20.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home