261 N 13th Overview
- Time on Site:
- 117 days
- Visits:
- 0
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.
261 N 13th Facts & Features
- Type Multi-Family
- Sq. ft. 1,476
- Price/Sq.ft. $674
- Lot 0.13 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: None
School Information
- School District: Lucia Mar Unified
Building Information
- New Construction: No
- Year Built: 1949
Location/Region
- Country: US
- County Or Parish: San Luis Obispo
- MLS Area Major: GRVC - Grover Beach
- Postal City: GROVER BEACH
- Subdivision Name: North Grover Beach(350)
Community/Development
- Community Features: Street Lights
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
General Information
- Listing Terms: Cash to New Loan
- Parcel Number: 060172037
- Property Sub Type: Duplex
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Full: 3
- Bathrooms Total: 3
- Bedrooms Total: 4
General Information
- Appliances: Gas Range
- Common Walls: 1 Common Wall
- Entry Level: 1
- Entry Location: first
- Fireplace Features: None
- Fireplace: No
- Laundry Features: Common Area
- Levels: One
- Living Area: 1476.0
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Main Level Bathrooms: 3
- Main Level Bedrooms: 3
- Stories: 1
- Stories Total: 1
Exterior
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre
- Lot Size Acres: 0.1343
- Lot Size Area: 5850.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 5850.0
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
Building Exterior/Construction
- Property Attached: Yes
- Structure Type: Duplex
General Information
- Number Of Units Total: 2
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
261 N 13th Neighborhood
Community
93433 (Grover Beach) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.261 N 13th Monthly Cost
261 N 13th Market Data
Based on the last 30 days in this zip code
261 N 13th History
| Date | Value | Agent |
|---|---|---|
| 3/5/2026Source: CRMLS | March 05, 2026 |
|
| 3/5/2026Source: CRMLS | March 05, 2026 |
Contact Information: [email protected] - 805-528-7130