618 Forest Avenue, Pacific Grove, CA 93950
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
Listed by:chi-ping shih
Office:compass
MLS#:ML82022645
Source:CA_BRIDGEMLS
Price summary
- Price:$2,480,000
- Price per sq. ft.:$663.63
About this home
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.
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Home facts
- Year built:1972
- Listing ID #:ML82022645
- Added:78 day(s) ago
- Updated:October 03, 2025 at 02:59 PM
Rooms and interior
- Bedrooms:8
- Living area:3,737 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1972
- Building area:3,737 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$2,480,000
- Price per sq. ft.:$663.63
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