261 N 13thGrover Beach, CA 93433

Multi-Family · 4 Beds · 3 Full Baths · 1,476 Sq. ft. | 0.13 Acres
$995,000 Active

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.

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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

    38
    Median Age
    6,093
    Population Density (per sq. mile)
    43%
    College Educated
    $66,408
    Estimated Median Income
    2,644
    Estimated Total Home Owners
    2,568
    Estimated Total Renters
    51% / 49%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    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

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    261 N 13th Market Data

    Based on the last 30 days in this zip code

    $884,656
    Average List Price
    $619
    Average Price per Square Foot
    11
    Properties Sold
    80
    Average Days on Market
    91
    Properties for Sale
    Calculations provided by Reliance Network

    261 N 13th History

    Date Event Value Agent
    3/5/2026Source: CRMLS Added to Database
    March 05, 2026
    3/5/2026Source: CRMLS Added to Database
    March 05, 2026
    Listing provided courtesy of Energy-Wise RealtyMelissa Carstairs- MLS# SC26045292MLS ProviderContact Information: [email protected] - 805-528-7130
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