419 Forest Avenue
$4,985,000
—
7,234
7,234
$689
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...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.
- Listed by Marielena Carriglio • DRE #01745757 • Brokerage DRE #01745757 • Coast Realty and Property Management • 831-915-4675
Property Details for 419 Forest Avenue
MLS City Name
PACIFIC GROVE
Building TypeOther
Garage Spaces0
Parking Spaces0
ViewCity Lights, Ocean
Cross StreetSpruce
LISTING UPDATED: 11/13/2024 08:35 PM
Property Details for 419 Forest Avenue
Status | Active |
---|---|
MLS # | ML81978779 |
Days on Compass | 75 |
Taxes | $50,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family 5+ |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1941 |
Lot Size | 0.18 AC / 7,680 SF |
County | Monterey County |
Building Information for 419 Forest Avenue
Stories-Residences-Year Built1941Building Size-Lot Size0.18 AC / 7,680 SF
Property Information for 419 Forest Avenue
Property History for 419 Forest Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 419 Forest Avenue
Taxable ValueLand$721,091Additions$1,084,240Total$1,805,331
Tax Record2023$19,883 ($1,657 / month)
Home Facts
Baths12Total Finished SqFt7,234 SqFtAbove Grade Finished SqFt7,234 SqFtStories2Lot Size7,680 SqFtStyleMulti-Family Res (5+ Units)Year Built1941CountyMONTEREYAPN006-482-004-000Fireplace TypeHas Fireplace
Schools near 419 Forest Avenue
This home is within Pacific Grove Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Robert Down Elementary School PublicK to 5 | ||
Pacific Grove Middle School Public6 to 8 | ||
Pacific Grove High School Public9 to 12 | ||
Community High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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