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
$ 3,950,000
Est. payment /mo
Active
419 Forest Avenue Pacific Grove, CA 93950
7,234 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,234 sqft
Price per Sqft $546
MLS Listing ID ML82002686
HOA Y/N No
Year Built 1941
Lot Size 7,680 Sqft
Acres 0.18
Property Sub-Type Other
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
Zoning R-4
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Laminate, Tile
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Exterior
View Y/N true
View City Lights
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 006482004000
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Marielena Carriglio • Coast Realty and Property Management