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.
Bedrooms
4
Bathrooms
3
Square Feet
1,476
Lot Size
5,850 sqft
Year Built
1949
Property Type
Duplex
Days on Market
111
HOA Fee
N/A
Garage Total
0
MLS #
SC26045292
Appliances
Gas Range
Laundry
Common Area
Main Level Bedrooms
3
Main Level Bathrooms
3
Cooling
Central Air
Heating
Central
Lot Features
Zero To One Unit Acre
Sewer
Public Sewer
Water Source
Public
Street Lights
$0
| Rating | School Name |
|---|---|
4 | Grover Beach Elementary Elementary School |
5 | Grover Heights Elementary Elementary School |
N/A | DANDY LION MONTESSORI SCHOOL Private School |
9 | Ocean View Elementary Elementary School |
N/A | COASTAL CHRISTIAN SCHOOL Private School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features