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Grover Beach Duplex Investment Opportunity
For Sale
$995,000

261 N 13th St, Grover Beach, CA 93433

Duplex in desirable location with redevelopment potential.

Property SizeContact for details
Days on Market177

Property Features for 261 N 13th St

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1949
Listing Agency: Energy-Wise Realty
Listed By: Melissa Carstairs · License #01917849
Source: Exitrealty
Added: Mar 7 Changed: Aug 25 Last Checked: Aug 30 at 3:02PM

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 Energy-Wise Realty

Investment Insights

Based on property information with market context.

This duplex presents an investment and future development opportunity in Grover Beach. Zoned Medium Density Residential (R2), the property offers rental income potential and long-term redevelopment possibilities. The fully furnished, turnkey duplex features one 2-bedroom, 1-bathroom unit and one 2-bedroom, 2-bathroom unit. Its location provides convenient access to the beach, shopping, restaurants, and the highway. The duplex includes a newer roof, central heat and air, dual pane windows, and private yard areas for each unit. Featuring two addresses, the property includes an undeveloped portion of the lot, offering flexibility for future multi-unit possibilities, subject to City approval. Current R2 zoning standards may allow for multiple residential units, including standard density or fractional density units (600 sq. ft. or smaller), plus possible ADU opportunities. Buyers should verify development standards with the City of Grover Beach. The existing improvements provide an opportunity to generate rental income while pursuing development plans and permits. This property suits investors seeking cash flow, builders looking for a project, or buyers wanting to secure a coastal property with future potential.

Key Highlights

  • Excellent investment opportunity with immediate rental income from a fully furnished, turnkey duplex.
  • Located in the desirable Medium Density Residential (R2) zone with potential for future multi‑unit development.
  • Prime location minutes from the beach, shopping, restaurants, and highway access.

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,217
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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in desirable location with redevelopment potential.
Where is this duplex located?
The property is located at 261 N 13th St Grover Beach, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Excellent investment opportunity with immediate rental income from a fully furnished, turnkey duplex.; Located in the desirable Medium Density Residential (R2) zone with potential for future multi‑unit development.; Prime location minutes from the beach, shopping, restaurants, and highway access.
More about this property
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