618 Forest AVE new

Pacific Grove,CA 93950

$ 2480000

8 Beds

6 Baths

3737 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,737 sqft

Price per Sqft $663

MLS Listing ID ML82022645

Bedrooms 8

Full Baths 4

Half Baths 4

Year Built 1972

Lot Size 5,200 Sqft

Property Sub-Type Fourplex

Property Description

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.

Location

State CA

County Monterey

Area Forest Ave/Pine Ave

Zoning Residential 1-4

Interior

Heating Forced Air,Gas

Cooling None

Exterior

Parking Features Carport ,On Street,Parking Area

Utilities Available Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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