261 N 13th, Grover Beach, CA 93433
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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
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261 N 13th Grover Beach, CA 93433

4 Beds

3 Baths

1,476 SqFt


UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,476 sqft

Price per Sqft $674

Subdivision North Grover Beach(350)

MLS Listing ID SC26045292

Bedrooms 4

Full Baths 3

Year Built 1949

Lot Size 5,850 Sqft

Property Sub-Type Townhome

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

Direction From Grand Ave turn on North 13th Street

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Appliance Gas Range

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

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://www.youtube.com/watch?v=203vPfBKSUc


MLS Router / San Diego MLS
Listed by Melissa Carstairs, DRE#01917849 Energy-Wise Realty 
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261 N 13th