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.
School Information for 618 Forest Avenue, PACIFIC GROVE, CA 93950
Elementary School
Robert Down Elementary
Middle School
Pacific Grove Middle
High School
Pacific Grove High
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Last Updated: 2025-10-03 04:35:38
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