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1245 S. 16th Street

Grover Beach, CA 93433
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Bed 3

Bed

Bath 2

Bath

SqFt1,478

Sqft

SqFt3,033

Sqft(Lot)

Enjoy versatile coastal living and income potential in this unique property offering two separate living areas, each with its own private entrance. Located just minutes from the Village of Arroyo Grande, local beaches, dining, and scenic hiking trails, this home offers flexibility for both homeowners and investors. The spacious upstairs living area features one bedroom, one bathroom, a full kitchen, and an open, comfortable layout with access to a west-facing balcony, perfect for enjoying beautiful evening sunsets. A stand-up attic/loft space provides additional storage and flexible-use potential. The downstairs living area features two bedrooms and one bathroom, with its own private entrance. One of the bedrooms has been converted into a living room, creating a comfortable and functio nal layout. The property has previously been operated as an Airbnb, with the owner occupying the upstairs living area. Currently, the two living areas generate a combined $4,500 per month in rental income, with the upstairs renting for $2,300 and the downstairs consistently renting for $2,200. The property has maintained this rental income for approximately three years with no gaps in occupancy. The flexible layout provides multiple options for the next owner. Continue using the property as two separate living areas for rental income, occupy one and rent the other, or easily convert it back to its original configuration as a single three-bedroom, two-bathroom home. A rare opportunity for buyers seeking flexibility, rental income, or a property that can adapt to changing needs. As an added bonus with a Solar panel system added in 2021 you will enjoy dramatically lower monthly utility bills, reliable clean energy, and peace of mind against rising electricity rates. Photos taken prior to current occupancy.

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Detail Ic Property Details

Property Type : Residential

Price : $739,000

AD Id : 91044242

MLS Id : SC26194288

Beds : 3

Lot Size : 3,033 Sqft

Living Area Size : 1,478

Year Built : 1980

Garage : 2

County : San Luis Obispo

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    Composition
  • Interior Features

    Attic
    Roof: Composition
    Laundry Features: Inside, InGarage
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir Cooling: None

  • Building Information

    Year Built: 1980
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Hills

  • Lot Information

    Main Square Feet: 3033 Lot Size Acres: 0.0696 Lot Size Source: PublicRecords Lot Size Square Feet: 3,033 Lot Description: Level

    Property Information

    Subdivision: Grover Beach (330) Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 46

  • Listing Price Information

    Listing Price: $739000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 060631064

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Location Information

    Direction: Between Farroll and Pike on 16th WaterSource: Public
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Nearby Home Value

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453 N 13th Street, Grover Beach, CA, 93433 $1,998,000 7 5 3,500 5,062 Sqft
1145 Rose Ct, Grover Beach, CA, 93433 $959,900 3 2 1,477 6,000 Sqft
952 Margarita Avenue, Grover Beach, CA, 93433 $1,179,000 3 2 2,229 11,289 Sqft
1370 W Grand Avenue #138, Grover Beach, CA, 93433 $199,000 1 -- 576 --
151 Jennifer Court, Grover Beach, CA, 93433 $685,000 2 2 1,088 3,800 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/06/2026 @ 03:54

MLS: SC26194288 LISTED BY: George Sabo, BHGRE HAVEN PROPERTIES 805-592-2050 SOURCE: CRMLS

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