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$2,480,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 618 Forest Ave

General

  • Price: $2,480,000
  • Status: Active
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML82022645
  • Updated: 9/24/2025
  • Added to Site: 118 day(s) ago

Additional Information

  • Extras: Not Applicable
  • Security/Safety: Security Fence

Parking

  • Parking Features: Carport , On Street, Parking Area

Location

  • Area: Forest Ave/Pine Ave
  • County: Monterey

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public Utilities
  • Metering: Master Electric

Structural Information

  • Foundation: Concrete Slab
  • Roof: Composition
  • Disability Access: Parking
  • Square Feet: 3,737
  • Year Built: 1972

Unit Information

Unit 1

  • Square Feet: 1175
  • Bedrooms: 2

Unit 2

  • Square Feet: 1173
  • Bedrooms: 2

Unit 3

  • Square Feet: 1172
  • Bedrooms: 2

Unit 4

  • Square Feet: 1175
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1194
  • Minimum Lot Size: 5200
  • Lot Size (Sq. Ft.): 5,200
  • Building Sites: 3
  • Zoning: Residential 1-4

Listed by Compass, Chi-Ping Shih

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Listing agent

— 618 Forest Ave —

  • Chi-Ping Shih

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 618 Forest Ave

School District:Pacific Grove Unified School District
NameGradesDistance
Robert Down Elementary School
485 Pine Avenue, Pacific Grove, CA 93950
K-50.2 mi
Pacific Grove Middle School
835 Forest Avenue, Pacific Grove, CA 93950
6-80.2 mi
Pacific Grove High School
615 Sunset Drive, Pacific Grove, CA 93950
9-120.5 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 618 Forest Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2025
Listed
$2,480,000
18.1%
MLS
4/07/2022
Sold
$2,100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 618 Forest Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,442
5%
$2,229,736
2%
2024
$23,265
-1%
$2,186,040
2%
2023
$23,563
1037%
$2,143,200
1151%
2022
$2,073
—
$171,325
2%
2021
$2,063
2%
$167,990
1%
2020
$2,024
3%
$166,280
3%
2019
$1,965
2%
$161,844
2%
2018
$1,932
2%
$158,672
2%
2017
$1,903
—
$155,561
2%
2016
$1,906
2%
$152,512
2%
2015
$1,877
2%
$150,222
2%
2014
$1,841
—
$147,280
—
2013
$1,833
—
$146,615
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Chi-Ping Shih

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618 Forest Ave, Pacific Grove, CA 93950 (MLS# ML82022645) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 618 Forest Ave is currently listed for $2,480,000 and was received on September 24, 2025. Want to learn more about 618 Forest Ave? Do you have questions about finding other Multi-Family 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.

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