419 Forest AVE Active Save Request In-Person Tour Request Virtual Tour
Pacific Grove,CA 93950
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,234 sqft
Price per Sqft $689
MLS Listing ID ML81978779
Bedrooms 3
Full Baths 2
Year Built 1941
Lot Size 7,680 Sqft
Property Description
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.
Location
State CA
County Monterey
Area Forest Ave/Pine Ave
Zoning R-4
Rooms
Kitchen Cooktop - Gas,Countertop - Formica,Oven - Gas,Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood,Laminate,Tile,Unfinished,Vinyl / Linoleum
Laundry Coin Operated
Exterior
Exterior Feature Drought Tolerant Plants,Low Maintenance,Sprinklers - Auto,Storage Shed / Structure
Garage Carport ,Covered Parking
Utilities Available Public Utilities
View City Lights,Ocean
Roof Type Tar and Gravel
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable