Duplex with Private
265 S 10th, Grover Beach, CA 93433
For Sale
$795,000
Grover Beach, CA
Property Size1,472 SF
Lot Size0.17 Acres
Price / SF$540.08
Days on Market9
Property Features for 265 S 10th
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Utilities
Sewer type
Water source
Amenities
private fenced back yard
garden patio
deck
lawn
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Jay Bond · License CA #01823529
(805) 709-4027
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 11 at 3:06AM
MLS# PI26241421
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.
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Investment Insights
Based on property information with market context.
This single-story duplex contains two 2-bedroom, 1-bath residences, with a combined building area of 1,472 square feet. Each unit has a private garage, its own entrance, and a fenced backyard. Outdoor features include a patio at one home and a deck and lawn at the other. The property was built in 1960 and occupies a 7,500-square-foot lot, or 0.1722 acres.
Both residences are tenant-occupied. Public water and public sewer serve the property, located in Grover Beach, California.
Both residences are tenant-occupied. Public water and public sewer serve the property, located in Grover Beach, California.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,472 square feet of building area on a 0.1722‑acre lot
- Private garage, separate entrance, and fenced backyard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,780
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,600
$615.6K
Cap Rate 7%
$439,714
$439.7K
Cap Rate 9%
$342,000
$342.0K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$45.0K $30.60/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$44.0K $29.87/SF
− OpEx
−$13.2K −$8.96/SF
NOI
$30.8K $20.91/SF
Area
San Luis Obispo County, CA
Vacancy
2.38%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,600
Cap Rate 7%
$439,714
Cap Rate 9%
$342,000
Alternative Uses
Best Use
Multifamily LT 5
$439.7K
$384.8K – $513.0K
NOI $30,780 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 3.57%
Theoretical Best
Healthcare Medical
$578.9K
$506.6K – $675.4K
NOI $40,524 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
Explore this area
Business Placement
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
$691,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in San Luis Obispo County, CA
Properties on Market for Duplexes in San Luis Obispo County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and include separate entrances and enclosed outdoor areas.
Where is this duplex located?
The property is located at 265 S 10th Grover Beach, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,472 square feet of building area on a 0.1722‑acre lot; Private garage, separate entrance, and fenced backyard for each unit
