261 N 13th, Grover Beach, CA 93433
North Grover Beach(350) · San Luis Obispo County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Duplex
Structure Type
Duplex
Year Built
1949
Stories
1
Living Area
1,476 sq ft
Lot Size
0.13 acres
Days on Market
111
MLS® Listing#
SC26045292
Property Features
Appliances
Cooling
Heating
Fireplace
Pool
Laundry
Community
Sewer
Water Source
Rooms
- Living Room
Financial Details
HOA
None
Parcel Number
060172037
Directions
From Grand Ave turn on North 13th Street
Affordability Calculator
$199,000
Estimated monthly payment
$5,296/mo
Principal $796,000 · Est. interest $1,110,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grover Beach, CA
- $1,000,000
- Median Listing Price
- 55
- Median Days on Market
- 1,903
- Median Sq Ft
- $804
- Median Price / Sq Ft
- 2,442
- Active Listings
- This home’s price is 1% below the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grover Beach, CA.
Location
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Points of Interest in Grover Beach, CA
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 1329 Holly Avenue, Imperial Beach, CA | $699,000 | 3 | 3 | 1,502 |
| 1509 Stanley 108, Long Beach, CA | $699,000 | 3 | 2 | 1,000 |
| 21372 Brookhurst Street 322, Huntington Beach, CA | $724,900 | 3 | 2 | 1,197 |
| 6855 Butler Ave, Long Beach, CA | $724,900 | 3 | 2 | 1,240 |
| 241 Orleans, Long Beach, CA | $725,000 | 3 | 2 | 1,337 |
| 207 Elkwood Avenue 1, Imperial Beach, CA | $729,000 | 3 | 2 | 1,160 |
Moving Cost Estimate
EXIT Agents in Grover Beach
Listing Courtesy: Energy-Wise Realty - 805-234-5209
Presented by: Melissa Carstairs
02015647
Licensed in the state of California.