261 N 13th, Grover Beach, CA 93433
261 N 13th, Grover Beach, CA 93433
261 N 13th, Grover Beach, CA 93433
261 N 13th, Grover Beach, CA 93433
261 N 13th, Grover Beach, CA 93433
261 N 13th, Grover Beach, CA 93433
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$ 995,000
Est. payment | /mo

5,850 Sqft Lot


$ 995,000
Est. payment | /mo

5,850 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision North Grover Beach(350)

MLS Listing ID SC26042578

HOA Y/N No

Year Built 1949

Lot Size 5,850 Sqft

Property Sub-Type Duplex

Property 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.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning R2

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Gas Range, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features None

Fence Chain Link

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Asphalt

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 060172037

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://youtu.be/203vPfBKSUc

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Listed by Melissa Carstairs Energy-Wise Realty 805-234-5209, DRE #01917849

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261 N 13th