For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $425
Subdivision North Grover Beach(350)
MLS Listing ID PI24140614
Sold Date 10/18/24
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 1946
Property Sub-Type Detached
Property Description
Exciting Investment Opportunity in Grover Beach! Property Overview: Location: Prime corner lot in Grover Beach, CA Current Use: 2 rented homes providing immediate rental income. Tenants would like to remain in place. Zoning: R3 Development Potential: How many Units? The Grover Beach Planning Department has indicated that you can build 8 units on this lot with the possibility of adding more units with the use of fractional units calculation. Call Grover Beach Planning for more information. Why Invest Here? Income Generation: Start earning rental income immediately to offset your investment with the two existing homes. Plan for Future Growth: Tap into the development potential of this R3-zoned corner lot. Strategic Location: Grover Beach offers a vibrant community with easy access to beaches, shopping, and dining and much more! Don't Miss Out! This is a rare opportunity to secure a property with significant development potential in the heart of Grover Beach. Whether you're an investor looking to expand your portfolio or a developer with a vision, this property offers unmatched possibilities.
Location
State CA
County San Luis Obispo
Zoning R3
Direction Exit 101 at 4th Street, head south on 4th, turn left on Brighton, home is at the corner of 14th and Brighton. Do not Disturb Tenants.
Interior
Fireplace No
Exterior
Garage Spaces 1.0
Fence Average Condition
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with NON LISTED AGENT NON LISTED OFFICE
Get More Information

- Homes for Sale in San Diego
- Homes for Sale in Alpine
- Home for Sale in Bay Park
- Homes for Sale in Bonita
- Homes for Sale in Cardiff by the Sea
- Homes for Sale in Chula Vista
- Homes for Sale in Coronado
- Condos for Sale in Coronado Shores
- Condos for Sale in Downtown
- Homes for Sale in El Cajon
- Homes for Sale in Encinitas
- Homes for Sale in Escondido
- Homes for Sale in Fallbrook
- Homes for Sale in Hillcrest
- Homes for Sale in Imperial Beach
- Homes for Sale in La Jolla
- Homes for Sale in Lakeside
- Homes for Sale in Lemon Grove
- Condos for Sale in Little Italy
- Homes for Sale in Mission Beach
- Homes for Sale in Mission Hills
- Homes for Sale in Ocean Beach
- Homes for Sale in Oceanside
- Homes for Sale in Olivenhain
- Homes for Sale in Pacific Beach (PB)
- Homes for Sale in Point Loma
- Homes for Sale in Rolando
- Homes for Sale in San Carlos
- Homes for Sale in San Marcos
- Homes for Sale in Santee
- Homes for Sale in Spring Valley
- Homes for Sale in Tierrasanta
- Homes for Sale in Vista
- Home for Sale in Waterpoint, Point Loma
- Pinnacle Condominiums



