$ 4,985,000
419 Forest Avenue Pacific Grove, CA 93950
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Marielena Carriglio • Coast Realty and Property Management
$ 4,985,000
Est. payment /mo
Open Sat 1PM-3PM
419 Forest Avenue Pacific Grove, CA 93950
7,234 SqFt
OPEN HOUSE
Sat Nov 23, 1:00pm - 3:00pm
Sun Nov 24, 1:00pm - 3:00pm
UPDATED:
11/20/2024 01:38 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,234 sqft
Price per Sqft $689
MLS Listing ID ML81978779
HOA Y/N No
Originating Board Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Laminate, Tile
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Exterior
View City Lights
Building
Water Public
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