359 N 3rd St - Multi-Family FOR SALE


Grover Beach, CA 93433
$1,000,000 USD
408-888-9594
359 N 3rd St, Grover Beach, CA for Sale
$1,000,000 USD
Multi-Family - FOR SALE
1/9
null | 3.78% Cap Rate

359 N 3rd St
Grover Beach, CA 93433


HIGHLIGHTS

  • Coastal Location: Desirable Grover Beach duplex located a short distance from the beach, with convenient access to coastal amenities, shopping, dining
  • Attractive Unit Mix: Two spacious 2BD/1BA units totaling approximately 2,080 SF, each with a private two-car garage and fenced backyard
  • Turn-Key Condition: Interior updates completed approximately four years ago include updated kitchens, flooring, and remodeled bathrooms, and more

OVERVIEW

Well-maintained duplex located in the desirable coastal community of Grover Beach, a short distance from the beach. Situated on a 7,500 SF lot, the property offers approximately 2,080 SF of living space with two well-proportioned 2BD/1BA units. Each unit includes a private two-car garage and its own fenced backyard, offering flexibility for owner-occupancy while maintaining strong rental appeal. Interior updates completed approximately four years ago include updated kitchen cabinetry, flooring, and remodeled bathrooms. Sliding glass doors provide natural light and direct access to private outdoor space. Ideally located near shopping, dining, and coastal amenities, and approximately two miles from the Pismo Pier and beachfront. This property presents an excellent opportunity for investors or owner-users seeking a turn-key, income-producing asset in a highly desirable San Luis Obispo County coastal location.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$481 USD /SF

# OF UNITS

2

PRICE/UNIT

$500,000

CAP RATE

3.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coastal Duplex | San Luis Obispo County

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

-

APN/PARCEL ID

060-135-015

ASK ABOUT THIS PROPERTY

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.