261 N 13th,Grover Beach, CA 93433
Grover Beach, CA 93433
Description
Exceptional investment and future development opportunity in the heart of Grover Beach. Situated in the desirable Medium Density Residential (R2) zone, this duplex offers immediate rental income potential with long-term potential for redevelopment. The existing duplex comes fully furnished and turnkey. One unit is 2 bedroom with 1 bathroom and the other is 2 bedroom with 2 bathrooms. Located just minutes from the beach, shopping, restaurants, and easy highway access, this property combines coastal lifestyle with smart investment potential. The duplex features a newer roof, central heat and air, dual pane windows, private yard areas for each unit. This unique property features two addresses and includes an undeveloped portion of the lot, creating flexibility for future multi-unit possibilities (subject to City approval). Under current R2 zoning standards, the site may allow for multiple residential units, including the potential for standard density or fractional density units (600 sq. ft. or smaller), plus possible ADU opportunities. Buyers are encouraged to verify and seek more information on development standards with the City of Grover Beach. In the meantime, the existing improvements provide a strong opportunity to generate rental income while pursuing development plans and permits. Whether you are an investor seeking cash flow, a builder looking for your next project, or a buyer wanting to secure a coastal property with future potential, this property checks multiple boxes.
Details
| MLS # | SC26045292 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1949 |
| Days On Site | 183 |
| Listing Provided By | Energy-Wise Realty | Melissa Carstairs |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,476 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.13 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Range |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Grover Beach |
| Zip Code | 93433 |
| Area | GRVC Grover Beach |
| Community Name | North Grover Beach(350) |
| Listing VS Median (in North Grover Beach(350)) | |
Price: $995,000 low | high Med: $995,000 sqft: 1,476 low | high Med: 1,476 $ / sqft: $674 low | high Med: $674 On site: 183 low | high Med: 183 | |
Market Activity 93433
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Grover Beach |
| Zip Code | 93433 |
| Area | GRVC Grover Beach |
| Community Name | North Grover Beach(350) |
| Listing VS Median (in North Grover Beach(350)) | |
Price: $995,000 low | high Med: $995,000 sqft: 1,476 low | high Med: 1,476 $ / sqft: $674 low | high Med: $674 On site: 183 low | high Med: 183 | |
 | $995,000261 N 13thGrover Beach, CA 93433 |