Property Details
About this Property
Rare offering in prime Pacific Grove within the highly regarded Pacific Grove Unified School District.* Fully occupied fourplex with $12,280 in monthly gross income and strong rental fundamentals. Ideal for an owner-occupant to live in one unit and rent three, or hold as a pure income asset. All units are refreshed with in-unit washer-dryer combos and kitchen appliances, and most kitchens and baths are renovated. On-site parking includes four covered carports. Clear value-add: approx. 788 sq ft ADU plan already City-approved and Water Credits purchased. Walkable to shops, dining, parks, beach, and transit. Please do not disturb occupants.
MLS Listing Information
MLS #
ML82022645
MLS Source
MLSListings, Inc.
Days on Site
41
Interior Features
Cooling
None
Heating
Forced Air, Gas
Exterior Features
Roof
Composition
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Carport, On Street, Parking Area, Garage: 0 Car(s)
Elementary District
Pacific Grove Unified
High School District
Pacific Grove Unified
Sewer
Public Sewer
Water
Public
Zoning
Residential 1-4
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,175 | 2 | 1/1 | $3,080 |
| 2 | 1,173 | 2 | 1/1 | $3,030 |
| 3 | 1,172 | 2 | 1/1 | $3,080 |
| 4 | 1,175 | 2 | 1/1 | $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 September 24, 2025. For the most current information, please contact Chi-Ping Shih, (240) 672-2588
