Home | Monterey County | Pacific Grove | 93950 | 419 Forest Ave
MLS: ML82002686 | Status: | Price: $3,700,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 7,234 | 7,680 | 1941 |
A rare opportunity to own a 12-unit complex located in the iconic waterfront city of Pacific Grove. This trophy property provides investors an asset with tremendous presence, character, and scale in the city's most dynamic location. Strategically located in a popular coastal town known for its vibrant tourism and strong rental market, this property is an attractive opportunity for investors seeking both immediate returns and long-term growth. Luxury coastal living with a highly walkable and accessible location close to beaches, recreation trails, everyday shopping, casual restaurants, and world class attractions Unit amenities include hardwood floors, high ceilings, and spacious floor plans. Unique architectural design, provides large windows allowing plenty of natural light, spacious closets, and efficient layouts. Attractive to long-term tenants, residents can enjoy incredible access to neighborhood amenities and transportation. Property within walking distance to the Pacific Grove Unified School District (Pacific Grove High School, Pacific Grove Middle School, Robert Down Elementary School, and Forest Grove Elementary School). Investors seeking a product and location that is irreplaceable, with value-add potential, will strongly consider this once in a lifetime investment.
| Field | Value |
|---|---|
| MLS # | ML82002686 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Formica |
| Appliances | Cooktop - Gas, Oven - Gas |
| Flooring | Hardwood, Laminate, Tile, Unfinished, Vinyl/Linoleum |
| Laundry | Coin Operated |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Tar/Gravel |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Covered Parking, Garage: 0 Car(s) |
| Elementary District | Pacific Grove Unified |
| High School District | Pacific Grove Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R-4 |
Marielena Carriglio
Coast Realty and Property Management
License #: 01745757
Phone: (831) 915-4675
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 12 | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $2,200 | $2,400 | 10 |
| 2 | – | 2 | 1/0 | $2,400 | $2,800 | 2 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Robert Down Elementary School | public | K-5 | 0.12 mi | 8 |
| Pacific Grove Middle School | public | 6-8 | 0.27 mi | 9 |
| Pacific Grove High School | public | 9-12 | 0.57 mi | 10 |
| Forest Grove Elementary School | public | K-5 | 0.75 mi | 6 |
| Pacific Grove Adult | public | UG | 0.81 mi | N/A |
| Community High (Continuation) School | public | 9-12 | 1.12 mi | N/A |
| Monte Vista | public | K-8 | 1.78 mi | 6 |
| Monterey High School | public | 9-12 | 1.85 mi | 8 |
| La Mesa Elementary School | public | K-8 | 3.48 mi | 7 |
| Carmel High School | public | 9-12 | 4.36 mi | 10 |
| Monterey Adult/Rop | public | UG | 4.49 mi | N/A |
| Seaside High School | public | 9-12 | 4.55 mi | 6 |
| Del Rey Woods Elementary School | public | K-6 | 4.59 mi | 7 |
| Central Coast High School | public | 9-12 | 4.74 mi | 1 |
| Monterey Peninsula Unified School District Community Day | public | 9-12 | 4.74 mi | N/A |
| Monterey Peninsula Unified School District Community Day Middle | public | 6-8 | 4.74 mi | N/A |
| Seaside Children's Center | public | UG | 4.76 mi | N/A |
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Marielena Carriglio, (831) 915-4675.