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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
MLS Listing ID PI24140614
Sold Date 10/18/24
Style Detached
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1946
Lot Size 9,492 Sqft
Acres 0.2179
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.
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
Area Grover Beach (93433)
Zoning R3
Interior
Laundry Inside
Exterior
Garage Spaces 1.0
Fence Average Condition
Total Parking Spaces 1
Building
Lot Description Corner Lot
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with NON LISTED AGENT • NON LISTED OFFICE