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About This Home

This 4-bedroom, 3-bathroom multi-family at 261 N 13th in Grover Beach, CA is listed for $995,000 ($674 per sqft). Built in 1949, the home offers 1,476 sqft of living space on a 0.13 acres lot.

Agent 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 upside for redevelopment.

The existing duplex comes fully furnished and turnkey. Located just minutes from the beach, shopping, restaurants, and easy highway access, this property combines coastal lifestyle with smart investment potential.

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 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 upside potential, this property checks multiple boxes.

Key Features

  • Built in 1949
  • 0.13 acre lot

Property Details

1 story
3 full
1949

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

261 N 13th

Grover Beach, CA 93433

North Grover Beach(350)

Features & Amenities

Exterior Features

FenceCommunity Features Included: Street LightsSidewalks2-5 Units/Acre

Property Details

Parking

None

Heating

Central

Cooling

Central Air

Appliances

MicrowaveRangeRange - GasRefrigerator

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 261 N 13th is listed at $995,000 ($674/sqft). The estimated monthly payment is $4,312 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 0.13 acre lot. Exterior Features: Fence, Community Features Included: Street Lights, Sidewalks.

This property is listed by Melissa Carstairs and can be reached at 8052345209 or melissa@energywiserealty.com.

MC

Melissa Carstairs

Agent at Energy-Wise Realty

(805) 234-5209

Listed by Energy-Wise Realty · View on Broker Site

MLS# SC26042578· Source: listhub· Updated 88 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

261 N 13th, Grover Beach, CA 93433

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