Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    956 S 13th Street Grover Beach, CA 93433

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $1,295,000

    Apartment - Grover Beach, CA

    Type:Apartment
    Property size:
    3,604 SF
    Lot size:
    7,350.00 Acres
    Price / SF:
    $359/SF
    Added:
    Mar 16, 2026
    Days on Market:
    47
    Last Refresh:
    May 1 at 4:06 pm

    Property Features for 956 S 13th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Parking
    4
    Parking features
    Assigned, Paved or Surfaced
    Interior features
    Formica Counters
    Exterior features
    Community Features Included: Suburban, 2-5 Units/Acre
    Appliances
    Range
    Standard status
    Active Under Contract
    APN
    060361017
    Size
    3,604 SF
    Lot size
    7,350.00 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    4
    Architectural style
    Other

    We can help!

    Listing Contact
    Henry Webb

    Listing agent Henry Webb License #00837162

    Listing office Real Estate eBroker, Inc. 950 Boardwalk, Oceanside, CA

    Listing date Mar 16, 2026

    MLS# PI26056354 Listing URL

    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.

    Overview

    Grover Beach Four-Unit Apartment Building

    This is a four-unit apartment building located in Grover Beach, California, constructed in 1978. The property, encompassing 3,604 square feet, is situated on a lot of approximately 0.16 acres. Note that maintenance has been deferred for several years. The property is being sold in its current "AS IS" condition, without exceptions. Offers should not include requests for work or repairs. Initially, only one apartment will be accessible for viewing. Following seller acceptance of an offer, the remaining units will be made available for inspection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grover Beach
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6163151
    Latitude
    35.1125921

    Nearby Similar for Sale

    • $379,000
      947 SF

      Grover Beach Commercial Condos For Sale

      New commercial condos in Grover Beach's vibrant downtown area.
      401 W Grand Avenue, Grover Beach, CA 93433
      View Details
    • $425,000
      1,047 SF

      Grover Beach Commercial Condo Opportunity

      New commercial condos ideal for retail in Grover Beach, CA.
      401 W Grand Avenue, Grover Beach, CA 93433
      View Details
    • $725,000
      1,830 SF

      Grover Beach Commercial Condos For Sale

      New commercial condos ideal for restaurants and retail in Grover Beach.
      401 W Grand Avenue, Grover Beach, CA 93433
      View Details
    • $1,049,000
      2,865 SF

      Grover Beach Commercial Condos For Sale

      New commercial condos in Grover Beach's vibrant downtown area.
      401 W Grand Avenue, Grover Beach, CA 93433
      View Details
    • $995,000
      1,476 SF

      Grover Beach Duplex Investment Opportunity

      Duplex in Grover Beach with future development potential.
      261 N 13th, Grover Beach, CA 93433
      View Details
    • $1,235,000
      1,799 SF

      Updated Home Near Grover Beach

      Updated 3-bedroom home near the beach with flexible living spaces.
      363 N 5th St, Grover Beach, CA 93433
      View Details
    • $595,000
      816 SF

      Mixed-Use Property in Grover Beach

      Unique property combining residential and commercial spaces in Grover Beach.
      166 S 10th Street, Grover Beach, CA 93433
      View Details
    • $900,000
      2,080 SF

      Grover Beach Duplex with Garages

      Well-maintained duplex in Grover Beach near shopping and beaches.
      359 N 3rd St, Grover Beach, CA 93433
      View Details
    • $3,800,000
      16,526 SF

      Grover Beach Industrial Opportunity

      16,526 sq ft industrial building in Grover Beach.
      921 Huston St, Grover Beach, CA 93433
      View Details
    • $695,000
      2,168 SF

      Grover Beach Industrial Workspace

      Unique industrial workspace in Grover Beach's 'Green Zone'.
      967 Huber Street, Grover Beach, CA 93433
      View Details
    • $290,000
      2,184 SF

      Professional Office Condominiums For Sale

      Two office condominiums totaling 2,184 SF available for sale.
      200 S 13th St, Grover Beach, CA 93433
      View Details
    • $995,000

      Grover Beach Duplex Investment Opportunity

      Duplex in desirable location with redevelopment potential.
      261 N 13th, Grover Beach, CA 93433
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in Grover Beach, being sold as-is.
    Where is this quadplex located?
    The property is located at 956 S 13th Street Grover Beach, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Four‑unit apartment building, perfect for investment.; Built in 1976.; Range included in each unit.
    (805) 440-3461
    We can help!
    Listing Contact
    Henry Webb
    Real Estate License ID: 00837162
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    956 S 13th Street, Grover Beach, CA 93433

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!