Great opportunity to own a three unit investment property with income producing and future development potential within the central business district (CBD) zoning. This property is in an A+ location on a corner lot and frontage on Grand Avenue with high traffic count. There are endless options with this versatile property. The front unit with Grand Avenue frontage is currently set up for a retail space or office, it's been fully renovated with new tile flooring, paint, dual pane windows, mini-split A/C. The back building is a duplex with two 1 bedroom, 1 bathroom units which have been newly renovated and are turn key. The middle unit is a 1 bedroom unit with a modest renovation and has direct access to the garage and spacious back yard. The back 1 bedroom unit has granite countertops, vinyl plank flooring, a gas fireplace and comes fully furnished. This unit was previously being used as an AirBnB a few years ago but does not currently have a short term permit. Back 1 bedroom unit is currently rented for $2250/month. Both back units come with attached garage spaces. New roofs were installed in September 2020. New exterior and interior paint. Outstanding property for any investor looking to build their portfolio or for someone who wants to run and operate a business downtown Grover
MLS #
CRSC24099457
MLS Source
California Regional MLS
Days on Site
18
Buyer's Brokerage Compensation*
2.00
Appliances
Oven - Gas, Oven Range - Gas
Flooring
Laminate
Cooling
Other
Heating
Wall Furnace
Roof
Composition
Foundation
Slab
Pool
None
Style
Traditional
Garage/Parking
Attached Garage, Common Parking Area, Garage, Gate/Door Opener, Other, Garage: 2 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 1 | 3 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 572 | – | 0/0 | – |
2 | 750 | – | 0/0 | – |
1391 W Grand Ave is a Triplex in Grover Beach, CA 93433. This – square foot property sits on a 5,875 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $998,000 and was built in 1959.
This address can also be written as 1391 W Grand Ave, Grover Beach, CA 93433.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 25, 2024. For the most current information, please contact Ben Tilbury, (805) 549-7570