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… Read More 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. Read Less
Listing courtesy of Energy-Wise Realty.Melissa Carstairs
Listing Snapshot
Days Online
106
Last Updated
Beds
4
Full Baths
3
Square Ft.
1,476
Lot Size
0.13 Acres
Year Built
1949
MLS Number
SC-26045292
Additional Details
Appliances & Equipment
"Gas Range"
Building
Building area total: 1,476, Levels: "One", 1 total story, Built in 1949
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Based on information from the California Desert Association of REALTORS® as
of . All data, including all measurements
and calculations of area, is obtained from various sources and has not been, and
will not be, verified by broker or MLS. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information
Source: Desert Association of REALTORS Listings last updated on ,
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