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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$965,000

Est. payment - /mo

6,229 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision North Grover Beach(350)

MLS Listing ID PI26073494

HOA Y/N No

Year Built 1954

Lot Size 6,229 Sqft

Property Sub-Type Duplex

Property Description

EXCELLENT DEVELOPMENT OPPORTUNITY IN A PRIME GROVER BEACH CORNER LOCATION! Loaded with potential and conveniently located near the beach, shopping, restaurants & more! This property currently features 2 existing units plus a separately rented garage. Unit A offers 4 bedrooms, 3 baths, updated kitchen, large laundry room, small yard, and storage sheds. Unit B is a charming 1-bedroom, 1-bath, approximately 340 sq. ft. studio. * The property also includes a leased solar energy system, to be assumed by Buyer. * Per the City of Grover Beach, the site may have potential for up to 55 feet in height, 4 total levels (ground-floor parking + 3 levels), no setbacks, and potentially up to 20 units, with units up to 590 sq. ft. and one ground-floor parking space per unit. * Potential ocean views from the 2nd, 3rd, and 4th floors, plus rooftop/patio areas!
* Buyer to verify all development potential, requirements, and approvals directly 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

Rooms

Other Rooms Shed(s)

Interior

Heating Forced Air, Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range

Laundry Inside, Laundry Room

Exterior

Parking Features Garage Faces Front

Garage Spaces 1.0

Garage Description 1.0

Fence Chain Link

Pool None

Community Features Sidewalks

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Corner Lot, Level, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 060243022

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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Listed by Era Polly Era Polly Real Estate 805-878-2490, DRE #01153650

NEARBY SCHOOL & BUSINESS

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172 N 13th ST Grover Beach, CA 93433