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Listed by Chi-Ping Shih • Compass
$2,480,000
Est. payment /mo
8 Beds
6 Baths
3,737 SqFt
New
618 Forest AVE Pacific Grove, CA 93950
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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
Level or Stories 2
Others
Tax ID 006-542-007-000
Security Features Security Fence
Horse Property No
Special Listing Condition Not Applicable
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