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
December 6, 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
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christine Hernandez shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 8:19 AM UTC, 12/6/2024