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Listed by Era Polly • Era Polly Real Estate
$ 975,000
Est. payment | /mo
6,228 Sqft Lot
$ 975,000
Est. payment | /mo
6,228 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPI25162911
Year Built 1954
Lot Size 6,228 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Excellent development opportunity in fantastic Grover Beach corner location loaded with potential! Currently 2 existing units & garage close to the beach & shopping! Unit A is 4 bedrooms, 3 baths, updated kitchen & large laundry room, small yard & storage sheds in back. Unit B is a 1 bedroom, 1 bath approx. 340 sq ft super cute studio. Garage is separately rented. Solar energy system is leased (Solar City) and to be assumed by the Buyer. Per the City of Grover Beach, building potential can go up 55 feet with bottom floor parking (3 levels above parking / 4 levels total) and no setbacks required. Per the city of Grover Beach, potential of 20 units and city will allow each unit to be 590 sq ft max, City requires 1 parking space per unit on ground floor. Potential for ocean views from 2nd, 3rd & 4th floors plus roof top/patio. Buyer to conduct their own due diligence with the City of Grover Beach and County of San Luis Obispo regarding property uses, guidelines & qualifications. PLEASE DO NOT TRESSPASS ON PROPERTY OR DISTURB TENANTS! THANK YOU!
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Interior
Heating Forced Air, Wall Furnace
Cooling None
Flooring Laminate
Laundry In Laundry Room, Other
Exterior
Parking Features Garage
Garage Spaces 1.0
Pool None
Roof Type Composition
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 060243022
Special Listing Condition Not Applicable
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037