Active

419 Forest AVE

PACIFIC GROVE CA, 93950

$4,985,000


$689.11 per sqft

Active

7,234 sqft

Multi-family

Built in 1941

Listed by Coast Realty and Property Management, Marielena Carriglio, Listing Contact: 8319154675

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.

ML81978779

MLS ID

September 3, 2024

Listed

October 1, 2024

Updated

Map

419 Forest AVE
PACIFIC GROVE CA, 93950

Interior Features

Interior Features

Hardwood, Laminate, Tile


Appliances

Cooktop, Refrigerator, Oven


Floor Description

Hardwood, Laminate, Tile


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres


Roof

Tar/Gravel


Sewer

Public Sewer

School Information

School District

Pacific Grove Unified


High School

Pacific Grove High


Elementary School

Robert Down Elementary

Other Property Details

Area Name

Forest Ave/Pine Ave


Garage

No


View

Yes


View Description

Ocean


County

Monterey


Water Source

Public


Pool

No


Zoning

R-4

Listed by Coast Realty and Property Management, Marielena Carriglio,
Listing Contact: 8319154675 

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Data last updated 7:18 PM UTC, 10/1/2024

 

 

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