46
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$995,000
Est. payment /mo
4 Beds
3 Baths
1,476 SqFt
Pending
261 N 13th Grover Beach, CA 93433
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Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Pending
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
Listed by Melissa Carstairs, DRE#01917849 Energy-Wise Realty
Co-listed byNON LISTED OFFICE
Co-listed byNON LISTED OFFICE
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