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Property profile

450 Manhattan Ave Grover Beach, CA 93433

OFF-MARKET
Apartment buildings
Property ID
US09-2401577
6,500 SF 0.26 ac lot Built 1982
Last sale May 2023 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$2.04M
Assessed land$643k
Assessed improvement$1.40M
Effective rate1.15%

Value estimate

· Oct 2026
$2.24M
$2.01M – $2.46M
AI approach$2.20M
CAP approach$1.93M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$371/SF
County average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$165 – $658

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR2
E. Coastal Medium Density Residential Zone (CR2). The Coastal Medium Density Residential Zone is intended to accommodate small-lot detach...
General categoryRESIDENTIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.2
Computer & Electronic Repair9.7
Locksmith9.1

Location

450 Manhattan Ave Grover Beach, CA 93433-2362
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
861 Frnt, Grover Beach, CA 93433-1253 $1,700,000 Jun 2024 5,658 SF
1265 Nice, Grover Beach, CA 93433-2858 $1,700,000 Oct 2021 6,000 SF
359 16th, Grover Beach, CA 93433-1874 $1,100,000 Mar 2021 4,600 SF
490 Seabright, Grover Beach, CA 93433-2364 $834,000 Dec 2019 3,671 SF
1345 Farroll, Grover Beach, CA 93433-2879 $1,000,000 Dec 2019 4,520 SF
950 14th, Grover Beach, CA 93433-2862 $2,700,000 Jul 2019 10,720 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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