Home | Monterey County | Pacific Grove | 93950 | 718 Forest Ave
MLS: ML81974910 | Status: Sold | Price: $1,750,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,493 | 5,200 | 1950 |
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!
| Field | Value |
|---|---|
| MLS # | ML81974910 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Laminate, Countertop - Solid Surface / Corian, Varies by Unit |
| Appliances | Cooktop - Electric, Cooktop - Gas, Dishwasher, Refrigerator |
| Flooring | Hardwood, Vinyl/Linoleum |
| Cooling | Ceiling Fan |
| Heating | Fireplace, Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab, Crawl Space, Concrete Perimeter and Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Garage: 3 Car(s) |
| Elementary District | Pacific Grove Unified |
| High School District | Pacific Grove Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R4 |
Patrick John McEldowney
Century 21 Showcase Realtors
License #: 01443630
Phone: (831) 869-8153
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 0 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 900 | 2 | 1/0 | $4,000 |
| 2 | 900 | 2 | 1/0 | $3,300 |
| 3 | 700 | 1 | 1/0 | $3,100 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Pacific Grove Middle School | public | 6-8 | 0.11 mi | 8 |
| Robert Down Elementary School | public | K-5 | 0.27 mi | 7 |
| Pacific Grove High School | public | 9-12 | 0.38 mi | 10 |
| Forest Grove Elementary School | public | K-5 | 0.59 mi | 6 |
| Pacific Grove Adult | public | UG | 0.89 mi | N/A |
| Community High (Continuation) School | public | 9-12 | 0.97 mi | N/A |
| Monterey High School | public | 9-12 | 1.76 mi | 8 |
| Monte Vista | public | K-8 | 1.92 mi | 6 |
| La Mesa Elementary School | public | K-8 | 3.42 mi | 7 |
| Carmel High School | public | 9-12 | 4.21 mi | 10 |
| Monterey Adult/Rop | public | UG | 4.58 mi | N/A |
| Seaside High School | public | 9-12 | 4.63 mi | 6 |
| Del Rey Woods Elementary School | public | K-6 | 4.63 mi | 7 |
| Seaside Children's Center | public | UG | 4.83 mi | N/A |
| Central Coast High School | public | 9-12 | 4.88 mi | 1 |
| Monterey Peninsula Unified School District Community Day | public | 9-12 | 4.88 mi | N/A |
| Monterey Peninsula Unified School District Community Day Middle | public | 6-8 | 4.88 mi | N/A |
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This listing information is up-to-date as of January 29, 2026. For the most current information, please contact Patrick John McEldowney, (831) 869-8153.