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Grover Beach Development Opportunity
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172 N 13th Street, Grover Beach, CA 93433

Development opportunity near beach and shopping with potential for 20 units.

Property SizeContact for details
Days on Market462

Property Features for 172 N 13th Street

General Information

Standard status Active
Property subtype Multifamily
Zoning Public Rec

Building Details

Buildings 2
Stories 1
Units 2
Listing Agency: Era Polly Real Estate
Listed By: Era Polly · License #01153650
Source: Crexi
Added: Jul 22, 2025 Changed: Oct 25 Last Checked: Jul 15 at 10:56PM

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 Era Polly Real Estate

Rey
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Investment Insights

Based on property information with market context.

This property presents a development opportunity in Grover Beach, featuring two existing units and a garage. Unit A includes four bedrooms, three bathrooms, an updated kitchen, a large laundry room, a small yard, and storage sheds. Unit B is a studio apartment with one bedroom and one bathroom, encompassing approximately 340 square feet. The garage is currently rented separately. A leased solar energy system from Solar City is present and will be assumed by the buyer. According to the City of Grover Beach, the building potential allows for a height of up to 55 feet with ground floor parking, potentially accommodating three levels above parking or four levels in total, and no setbacks are required. The city indicates a potential for 20 units, with each unit having a maximum size of 590 square feet. The city requires one parking space per unit on the ground floor. There is potential for ocean views from the second, third, and fourth floors, as well as from a rooftop patio. The buyer is advised to conduct their own due diligence with the City of Grover Beach and the County of San Luis Obispo regarding property uses, guidelines, and qualifications.

Key Highlights

  • Excellent development opportunity with potential for up to 20 units and building height up to 55 feet.
  • Prime corner location in Grover Beach, close to the beach and shopping.
  • City of Grover Beach allows units up to 590 sq ft each, with relaxed setback requirements.

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Locksmith Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,206
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity near beach and shopping with potential for 20 units.
Where is this residential land & home lot located?
The property is located at 172 N 13th Street Grover Beach, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Excellent development opportunity with potential for up to 20 units and building height up to 55 feet.; Prime corner location in Grover Beach, close to the beach and shopping.; City of Grover Beach allows units up to 590 sq ft each, with relaxed setback requirements.
(805) 878-2490 Call to check price and availability
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