1225 Manhattan Ave Grover Beach, CA 93433-2565
development, specifically the R1, R2, CR2, R3, and CR3 zones. 8.170.020 Applicability An Urban Lot Subdivision application must meet all of the requirements in this Section to be eligible under Government Code Section 66499.41. It shall be the responsibility of the applicant to demonstrate to the satisfaction of the Director that each of these requirements i…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3 · Grover Beach, CAdevelopment, specifically the R1, R2, CR2, R3, and CR3 zones. 8.170.020 Applicability An Urban Lot Subdivision application must meet all of the requirements in this Section to be eligible under Government Code Section 66499.41. It shall be the responsibility of the applicant to demonstrate to the satisfaction of the Director that each of these requirements is satisfied. The applicant and/or owner of the property shall provide a sworn statement, in a form approved by the Director, attesting to all facts necessary to establish that each requirement is met. 8.170.030 Qualifying Requirements A. Location. To qualify for an Urban Lot Subdivision the subject property shall be located within the R1, R2, CR2, R3, or CR3 zone, and shall comply with the following: 1. For properties zoned for single-unit dwellings, the property shall be vacant and no larger than one and a half acres in size and substantially surrounded by qualified urban uses. Vacant shall have the same meaning as Government Code Section 66499.41(a)(2)(A)(ii). 2. For properties zoned for multi-unit dwellings, the property shall be no larger than five acres and is substantially surrounded by qualified urban uses as defined in Section 21159.25 and 21072 of the Public Resources Code. 3. The proposed property to be subdivided is not a resulting parcel created through Government Code
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.