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    Grover Beach, CA Multifamily Properties for Sale

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    Arroyo Grande, CA Oceano, CA Pismo Beach, CA
    7 results
    Grover Beach Duplex Investment Opportunity
    $995,000
    1,476 SF

    Grover Beach Duplex Investment Opportunity

    261 N 13th, Grover Beach, CA 93433

    Duplex in Grover Beach with future development potential.

    • Prime investment opportunity in the heart of Grover Beach with future development potential.
    • Located in desirable Medium Density Residential (R2) zone allowing for potential multi‑unit development, including standard or fractional density units and possible ADU opportunities (subject to City approval).
    • Existing duplex is fully furnished and turnkey, providing immediate rental income.
    • Includes an undeveloped portion of the lot, offering flexibility for future development.
    • Minutes from the beach, shopping, restaurants, and with easy highway access.
    Updated: Mar 5
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    Grover Beach Four-Unit Apartment Building
    $1,249,000
    3,604 SF

    Grover Beach Four-Unit Apartment Building

    956 S 13th Street, Grover Beach, CA 93433

    Four-unit apartment building in Grover Beach, being sold as-is.

    • Four‑unit apartment building, perfect for investment.
    • Built in 1976.
    • Range included in each unit.
    • Assigned parking for residents.
    • Paved or Surfaced parking available.
    Updated: Mar 16
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    Updated Home Near Grover Beach
    $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
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    Grover Beach Duplex with Garages
    $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
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    Grover Beach Duplex Investment Opportunity
    $995,000

    Grover Beach Duplex Investment Opportunity

    Duplex in desirable location with redevelopment potential.

    261 N 13th, Grover Beach, CA 93433
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    Grover Beach Four-Unit Apartment Building
    $1,295,000

    Grover Beach Four-Unit Apartment Building

    Four-unit apartment building in Grover Beach, built in 1976.

    956 S 13th Street, Grover Beach, CA 93433
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    Grover Beach Multifamily Property
    $994,000
    1,794 SF

    Grover Beach Multifamily Property

    Updated duplex with potential for a third unit near the beach.

    241 S 10th Street, Grover Beach, CA 93433
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Grover Beach, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Unit Property in Railroad District
    $1,395,000
    2,816 SF

    Multi-Unit Property in Railroad District

    Three residences in a prime San Luis Obispo location.

    523 Branch Street, San Luis Obispo, CA 93401
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    San Luis Obispo Triplex Investment
    $1,395,000
    1,930 SF

    San Luis Obispo Triplex Investment

    Income-producing triplex near downtown San Luis Obispo with strong rental income.

    1719 Chorro 1721, San Luis Obispo, CA 93401
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    Oceano Multifamily Opportunity: Two Homes
    $689,900

    Oceano Multifamily Opportunity: Two Homes

    Two homes on one lot near the beach in Oceano.

    2011 Paso Robles, Oceano, CA 93445
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    Oceano Multifamily Investment Opportunity
    $1,800,000
    0.32 Acres

    Oceano Multifamily Investment Opportunity

    Ten-unit multifamily property near Central Market and Oceano beach.

    1960 Beach Street, Oceano, CA 93445
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Santa Margarita Land for Sale
    Contact for pricing
    108,900.00 Acres

    Santa Margarita Land for Sale

    2.5 acre lot suitable for residential or agricultural use.

    0 Atolia Road, Santa Margarita, CA 93453
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    Sierra Mountain Land with Creek
    $199,900
    391,169 SF

    Sierra Mountain Land with Creek

    8.98-acre mountain parcel with creek, near upcoming development.

    41505 Hot Springs Drive, Porterville, CA 93257
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    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
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    Scenic Land with Sweeping Views
    Contact for pricing
    4.37 Acres

    Scenic Land with Sweeping Views

    4.37-acre parcel with lake, mountain, and valley views.

    394 Rim Rd, Bodfish, CA 93205
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    Off-Market Properties in Grover Beach, CA

    Consider similar Off-Market properties in Grover Beach, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    341 3rd St
    APARTMENT HOUSE (5+ UNITS)
    8,248 SF Lot: 0.69 Acres
    Estimated value
    $1,840,000

    341 3rd St, Grover Beach, CA 93433-1550

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    1477 Grand Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.82 Acres
    Value Estimation by Request

    1477 Grand Ave, Grover Beach, CA 93433-2288

    View details
    861 Frnt St
    APARTMENT HOUSE (5+ UNITS)
    5,658 SF Lot: 0.17 Acres
    Estimated value
    $1,700,000

    861 Frnt St, Grover Beach, CA 93433-1253

    View details
    153 16th St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.23 Acres
    Estimated value
    $1,350,000

    153 16th St, Grover Beach, CA 93433-2212

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    1489 Brighton Ave
    APARTMENT HOUSE (5+ UNITS)
    3,104 SF Lot: 0.30 Acres
    Value Estimation by Request

    1489 Brighton Ave, Grover Beach, CA 93433-1834

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    881 Manhattan Ave
    APARTMENT HOUSE (5+ UNITS)
    3,468 SF Lot: 0.17 Acres
    Estimated value
    $1,350,000

    881 Manhattan Ave, Grover Beach, CA 93433-2439

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    1425 Longbranch Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.60 Acres
    Value Estimation by Request

    1425 Longbranch Ave, Grover Beach, CA 93433-2571

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    1435 14th St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.56 Acres
    Value Estimation by Request

    1435 14th St, Grover Beach, CA 93433

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    231 11th St
    APARTMENT HOUSE (5+ UNITS)
    892 SF Lot: 0.22 Acres
    Estimated value
    $845,000

    231 11th St, Grover Beach, CA 93433-2433

    View details
    450 Manhattan Ave
    APARTMENT HOUSE (5+ UNITS)
    6,500 SF Lot: 0.26 Acres
    Estimated value
    $2,075,000

    450 Manhattan Ave, Grover Beach, CA 93433-2362

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    1370 Grand Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.25 Acres
    Value Estimation by Request

    1370 Grand Ave, Grover Beach, CA 93433-2292

    View details
    277 Brighton Ave
    APARTMENT HOUSE (5+ UNITS)
    1,440 SF Lot: 0.31 Acres
    Value Estimation by Request

    277 Brighton Ave, Grover Beach, CA 93433-3553

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    251 16th St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.21 Acres
    Estimated value
    $1,390,000

    251 16th St, Grover Beach, CA 93433-4222

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    Manhattan Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.17 Acres
    Value Estimation by Request

    Manhattan Ave, Grover Beach, CA 93433

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    261 11th St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.22 Acres
    Value Estimation by Request

    261 11th St, Grover Beach, CA 93433-2445

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    451 Mentone Ave
    APARTMENT HOUSE (5+ UNITS)
    2,683 SF Lot: 0.25 Acres
    Estimated value
    $800,000

    451 Mentone Ave, Grover Beach, CA 93433-2653

    View details
    1265 Nice Ave
    APARTMENT HOUSE (5+ UNITS)
    6,000 SF Lot: 0.15 Acres
    Estimated value
    $1,810,000

    1265 Nice Ave, Grover Beach, CA 93433-2858

    View details

    Grover Beach, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Grover Beach, CA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 10,753 square feet of properties for sale, with an estimated market value of $5,373,000.

    Sale prices for multifamily properties in Grover Beach, CA start at $900,000, averaging $1,074,600, and reaching up to $1,249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 5
    Quadplexes 2

    Demographics Overview

    Population 13K
    Population Growth (5Y) -6.3%
    Median Household Income $82,534
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

    Identify Grover Beach submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    93433 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.84 per sq ft
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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