$2,299,000

618 Forest Avenue, Pacific Grove, CA 93950

3,737 sqft

Multi-Family Home
Built in 1972
5,201sqft lot
—— car garage
$615/sqft
Listed 7 months ago

Property Description

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.

Listing Status:: Active
Date Added:: September 24, 2025
Data Last Updated:: May 20, 2026 at 10:16PM
Listing Office:: Compass : (831) 318-0150
Listing Agent:: Chi-Ping Shih : 240-672-2588
MLS ID:: ML82022645

A/C: None
Heating: Forced Air
Disability Feature: Parking

Parking: CarportParking spaces: 2

Roofing: Composition
General: 2Slab

Originating MLS: CRMLS_MLSL
School District: Other
County: Monterey

Zoning: Residential 1-4006542007000

Water: Public
Sewer: Public Sewer

Source: CRMLS_MLSL

This listing courtesy of Chi-Ping Shih , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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