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Two-Home Residential Income Property
For Sale
$1,695,000

1499 Farroll, Grover Beach, CA 93433

Two private homes sit on flat, fenced land with extensive parking and multiple garages plus RV parking and hook-ups.

Property Size2,123 SF
Lot Size0.83 Acres
Days on Market85

Property Features for 1499 Farroll

General Information

Standard status Active
Size 2,123 SF
Lot size 0.83 Acres
Property subtype Investment

Additional Details

Fenced Yard Yes

Building Details

Building Size 2,123 SF
Year Built 1947
Stories 1
Units 2
Listing Agency: Auer Real Estate Inc.
Listed By: Brenda Auer · License #01310530
Source: Elliman
Added: Jun 1 Changed: Aug 23 Last Checked: Aug 24 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Auer Real Estate Inc.

Investment Insights

Based on property information with market context.

This residential income property features two private homes on flat, usable, fenced land. The main home is a 3-bedroom residence with a large bonus room, and a separate second home provides 2 bedrooms. The configuration also allows for additional space, including the option to add homes or other structures, subject to city review.

The property includes substantial parking infrastructure with 5 garages, along with RV parking and hook-ups. It is located less than two miles from the beach, and basic services such as grocery stores, gas stations, schools, parks, and auto-related services are within a mile radius.

Outside of the existing two-home setup, buyers should confirm with the city how many additional homes or ADUs may be added.

Key Highlights

  • Two private homes on flat, fenced 36,155 sq ft lot with extensive parking and 5 garages
  • RV parking with hook‑ups available
  • Main home features 3 bedrooms plus a large bonus room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Tech Support Center Dental Office Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

Demographics for 93433, CA

12,643
Population
5,757
Households
2.2
Avg Household Size
42
Median Age
27%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
5,747
Density / Sq Mi
$82,534
Median Household Income
$39,412
Median Earnings
$1,921
Median Rent
$691,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two private homes sit on flat, fenced land with extensive parking and multiple garages plus RV parking and hook-ups.
Where is this duplex located?
The property is located at 1499 Farroll Grover Beach, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Two private homes on flat, fenced 36,155 sq ft lot with extensive parking and 5 garages; RV parking with hook‑ups available; Main home features 3 bedrooms plus a large bonus room
More about this property
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