Active

261 N 13th

Grover Beach, CA 93433

$995,000 $4,194/Mo

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Overview

Bed

Bath

1,476

Sqft

5,850

Sqft(Lot)

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 possibi lities (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 Details

Property Type : Residential Income

Price : $995,000

AD Id : 75890673

MLS Id : SC26042578

Beds : 4

Lot Size : 5,850 Sqft

Living Area Size : 1,476

Year Built : 1949

County : San Luis Obispo

Subdivision: Fallbrook

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Asphalt Property Appliances: Gas Range,Microwave,Refrigerator
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Building Information

Year Built: 1949 Building Area Total: 1,476 Roof: Asphalt
Foundation

Raised
Pool Features

None

Laundry Features

Common Area

Fencing

Chain Link

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1343
Lot Size Source: Assessor Lot Size Square Feet: 5850

Listing Price Information

Original List Price: 995,000 Listing Contract Date: 2026-02-26
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 060172037

Garage and Parking

Garage Description: None

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: GRVC - Grover Beach Directions: From W Grand Ave turn onto North 13th Street and duplex is on the left. Zoning: R2 Source Property Type: Residential Income Area: GRVC - Grover Beach Property SubType: Duplex
Building and Construction

Property Age: 77 Common Walls: 1 Common Wall Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
261 N 13th, Grover Beach, CA, 93433	$995,000	4	3	1,476	1,476 SqFt
123 Lynne, Grover Beach, CA, 93433	$695,000	2	2	1,088	1,088 SqFt
1234 Seabright, Grover Beach, CA, 93433	$1,275,000	6	3	2,632	2,632 SqFt
359 N 3rd Street, Grover Beach, CA, 93433	$900,000	4	--	2,080	2,080 SqFt
590 S 6th, Grover Beach, CA, 93433	$1,419,000	4	2	2,503	2,503 SqFt

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ByOwner last updated this listing 06/06/2026 @ 03:56

MLS: SC26042578 LISTED BY: Melissa Carstairs, Energy-Wise Realty 805-528-7130 SOURCE: CRMLS