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$3,700,000
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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.
Full Property Details
Full Property Details for 419 Forest Ave
General
- Sold For: $3,700,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82002686
- Added to Site: 275 day(s) ago
Interior
- Interior Features: High Ceiling , Walk-In Closet
- Flooring: Hardwood, Laminate, Tile, Unfinished, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Gas Cooktop, Formica Countertop, Gas Oven, Refrigerator
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Carport , Covered Parking
Location
- Area: Forest Ave/Pine Ave
- County: Monterey
- Cross Streets: Spruce
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Foundation: Concrete Perimeter
- Roof: Tar and Gravel
- Disability Access: None
- Square Feet: 7,234
- Year Built: 1941
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 2
Lot Features
- Property View: City Lights, Ocean
- Lot Size (Acres): 0.1763
- Minimum Lot Size: 7680
- Building Sites: 2
- Grounds/Landscape: Drought-Tolerant Plants, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
- Zoning: R-4
Disclosures and Reports
- Restrictions: None
Listed by Coast Realty and Property Management, Marielena Carriglio
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Schools
Schools serving 419 Forest Ave
School District:Pacific Grove Unified School District
| Name | Grades | Distance |
|---|---|---|
Robert Down Elementary School 485 Pine Avenue, Pacific Grove, CA 93950 | K-5 | 0.1 mi |
Pacific Grove Middle School 835 Forest Avenue, Pacific Grove, CA 93950 | 6-8 | 0.3 mi |
Pacific Grove High School 615 Sunset Drive, Pacific Grove, CA 93950 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 419 Forest Ave
Date
Details
Price
Change
Source
8/11/2025
Sold
$3,700,000
-6.33%
MLS
4/15/2025
Listed
$3,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
419 Forest Ave, Pacific Grove, CA 93950 (MLS# ML82002686) is a Commercial Residential Facility property that was sold at $3,700,000 on August 11, 2025. Want to learn more about 419 Forest Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Pacific Grove? You can browse all Pacific Grove real estate or contact a Coldwell Banker agent to request more information.

