$2,800,000
About this home
Well-maintained 7-unit apartment building in an excellent Grover Beach location. Conveniently located near the popular Grand Avenue corridor with shopping, restaurants, and ongoing new development, the property also offers easy access to the beach, community parks, the Amtrak station, public transportation, Highway 1, and Highway 101. Five of the seven units have been updated with updated flooring, countertops, fixtures, and appliances. A recently installed MeterNet water sub-metering system allows the owner to recover water costs from tenants, helping improve operating efficiency. Additional amenities include seven private garages, off-street parking, and a community coin-operated laundry facility. With recent capital improvements, utility cost recovery through water sub-metering, and future rental upside, this property presents an excellent investment opportunity.
Facts & features
- Fireplace
- None
- Heating
- Central
- Cooling
- None
- Laundry
- Common Area
- Lot size
- 0.268 acres (11,662 sq ft)
- Pool
- None
- Year built
- 1978
- Parking spaces
- 6
- Area
- GRVC - Grover Beach
- County
- San Luis Obispo
- Community features
- Sidewalks
- Status
- Active
- Property type
- Apartment
- Days on market
- 3
- Listed
- 2026-07-13
- Terms
- Cash, Cash To New Loan
- Parcel #
- 060229016
- MLS #
- SC26150620
