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.
Exceptional investment opportunity in the heart of Grover Beach! 590 South 6th Street offers strong income potential in a prime coastal location just minutes from the beach, shopping, dining, and easy freeway access. This well-positioned property presents a fantastic opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. A standout feature of the property is the presence of three separate 2-car garages, providing ample parking, storage, and added rental value— a rare and highly desirable amenity in this area. The triplex offers living features that boost tenant appeal and offers flexibility for long-term or future use. Located on a quiet residential street yet close to all that the Central Coast has to offer, this property combines location, functionality, and income potential. Whether you’re looking for steady cash flow, appreciation, or both, 590 South 6th Street is an opportunity you won’t want to miss.
Exceptional investment opportunity in the heart of Grover Beach. This extensively renovated triplex offers true pride of ownership with major system upgrades, modernized interiors, and strong income potential. All three units feature remodeled kitchens with newer cabinetry installed approximately seven years ago, updated with added can lighting, ceiling fans, tile flooring throughout, removed popcorn ceilings and retexturing on all drywall surfaces. Windows were replaced with insulated glass for improved energy efficiency and comfort. The property has undergone comprehensive infrastructure improvements, including a full electrical rewire with new copper wiring throughout (replacing all aluminum wiring), new outlets and switches, and permitted electrical upgrades signed off by the City of Grover Beach. Plumbing has been completely replaced with PEX piping, including new supply lines, angle stops, pressure regulators, and individual shut-off valves for each unit. Water heaters have been replaced for each unit with temperature and pressure regulators. The roof was fully replaced with a permitted 50-year roof after removal of all prior roofing materials. Exterior enhancements include refreshed landscaping with tree removal and new planting, as well as exterior painting. The exterior has 220V electrical accessible in the rear for convenient laundry capability. With major capital improvements already completed and permits finalized with the City, this property offers a rare opportunity for investors seeking a low-maintenance asset with strong rental upside in a desirable coastal location.
Well-maintained duplex located in the desirable coastal community of Grover Beach, a short distance from the beach. Situated on a 7,500 SF lot, the property offers approximately 2,080 SF of living space with two well-proportioned 2BD/1BA units. Each unit includes a private two-car garage and its own fenced backyard, offering flexibility for owner-occupancy while maintaining strong rental appeal. Interior updates completed approximately four years ago include updated kitchen cabinetry, flooring, and remodeled bathrooms. Sliding glass doors provide natural light and direct access to private outdoor space. Ideally located near shopping, dining, and coastal amenities, and approximately two miles from the Pismo Pier and beachfront. This property presents an excellent opportunity for investors or owner-users seeking a turn-key, income-producing asset in a highly desirable San Luis Obispo County coastal location. MARKETING PACKAGE AVAILABLE UPON REQUEST.
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!
Welcome to this remarkable property, nestled in the desirable enclave of Grover Beach. This sought-after area sets the stage for a unique opportunity, featuring an R-3 zoned lot with two updated units and the potential to build a third, elevating its allure and versatility. Unit One features 1,074 square feet of living space with two bedrooms and one bathroom. This unit is modernized, including a convenient laundry room and an attached garage. Unit Two is a cozy 720-square-foot space with one bedroom and one bathroom. This unit maximizes its footprint without sacrificing comfort and is ideal for rental income or personal use. Both units boast contemporary updates, ensuring comfort and style. The possibility of adding a third unit presents a unique opportunity for customization and growth. This property also offers 3-4 parking spaces, providing ample convenience for residents and guests. Additionally, the back unit features a submeter for water, allowing for separate water billing—a valuable feature for rental property management. With its prime location just minutes from the beach, local restaurants, and outdoor recreation, this property offers a rare chance to experience coastal living at its best.
Grover Beach is located in California. Grover Beach, California has a population of 12,846. Grover Beach is less family-centric than the surrounding county with 26.26% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Grover Beach, California is $77,637. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Grover Beach is 39.8 years.
The average high temperature in July is 72.6 degrees, with an average low temperature in January of 42.9 degrees. The average rainfall is approximately 19.4 inches per year, with 0 inches of snow per year.
