Property Details
Upcoming Open Houses
About this Property
Discover this exceptional 4-unit multifamily building offering a lucrative income potential of over $12,000 per month. Each unit features a spacious 2-bedroom, 1.5-bathroom townhouse-style layout, perfect for rental income or owner-occupied living with the advantage of rental income covering expenses. Enjoy the convenience of separate electrical and gas meters for each unit, providing flexibility and ease of management. The property includes 4 covered carports, ensuring ample parking for residents. Additionally, benefit from a ready-to-pull 788 sqft ADU plan, adding significant value and expanding rental opportunities. Located in a prime area with a strong renter pool, this property is ideal for long-term rentals or exploring Airbnb options. Situated in a great school district and within walking distance to amenities, including shops, restaurants, parks, and public transportation, this multifamily investment offers both convenience and potential for strong rental demand. Don’t miss out on this rare opportunity to own a multifamily investment in a sought-after location. Schedule a showing today and unlock the potential of this lucrative investment! Vacant unit open house Sat & Sun 1-4pm.
MLS Listing Information
MLS #
BE41105045
MLS Source
Bay East
Days on Site
1
Interior Features
Appliances
Other, Washer
Flooring
Carpet - Wall to Wall, Tile, Vinyl
Cooling
Other
Heating
Forced Air
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Parking Area, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Contact Information
Listing Agent
Leo Zhang
Re/Max Accord
License #: 02024974
Phone: (510) 590-1628
Co-Listing Agent
Gloria Chun
RE/MAX Accord
License #: 02084703
Phone: (510) 560-5666
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,175 | 2 | 0/0 | $33 |
| 2 | 1,173 | 2 | 0/0 | $3,030 |
| 3 | 1,172 | 2 | 0/0 | $2,980 |
| 4 | 1,175 | 2 | 0/0 | $3,090 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
618 Forest Ave is a Residential Income in Pacific Grove, CA 93950. This 3,737 square foot property sits on a 5,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,480,000 and was built in 1972. This address can also be written as 618 Forest Ave, Pacific Grove, CA 93950.
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This listing information is up-to-date as of July 17, 2025. For the most current information, please contact Leo Zhang, (510) 590-1628
