$995,000

261 N 13th, Grover Beach, CA 93433

1,476 sqft

Duplex
Built in 1949
5,850sqft lot
—— car garage
$674/sqft
Listed 3 months ago

Property Description

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.

Listing Status:: Active
Date Added:: March 5, 2026
Data Last Updated:: June 25, 2026 at 5:21PM
Listing Office:: Energy-Wise Realty : 805-528-7130
Listing Agent:: Melissa Carstairs : 8052345209
MLS ID:: SC26042578

Appliances: Gas RangeMicrowaveRefrigerator
Laundry: Common Area
A/C: Central Air
Heating: Central

General: None
Pool: None
Parking: Parking spaces: 0

Roofing: Asphalt
General: 1Raised

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: San Luis Obispo

Zoning: R2060172037
View: NeighborhoodView
Fencing: Chain Link

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Melissa Carstairs , Energy-Wise Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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