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Listed by Abel Contreras, DRE #02062620 • Invest SLO
$ 874,900
Est. payment | /mo
0.34 Acres Lot
$ 874,900
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPI26050114
Style Traditional
Year Built 1949
Lot Size 0.344 Acres
Source California Regional MLS
Property Description
Assumable 3.25% Loan! This oversized Grover Beach R1-zoned lot offers rare subdivision (3 lots) and single-family-plus-ADU development potential in one of the city's most desirable neighborhoods. The property sits on an expansive approximately 15,000 sq ft lot-about three times the size of a standard area parcel-and includes an existing smaller single-family residence, providing a quick path to value while you plan your long-term project. **Development Potential R1 zoning with an approximately 15,000 sq ft lot allows for subdivision into THREE parcels consistent with the City's minimum lot size standards (Buyer to verify with City of Grover Beach). The City of Grover Beach has indicated that the lot is eligible for subdivision under current code, with additional opportunities potentially available through Urban Lot Split provisions (Buyer to verify with City of Grover Beach). Each resulting lot may be eligible for a primary residence plus Accessory Dwelling Units (ADUs), Junior ADUs, or Urban Dwelling Units under current regulations, creating a path for up to 12 units across the finished subdivision (3 three lots with 4 total units per lot) (Buyer to verify with City of Grover Beach). **Location Highlights Located in North Grover, widely considered the most desirable part of
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Interior
Heating No Heating
Cooling None
Laundry In Garage
Exterior
Parking Features RV Possible, Drive Through, Garage, RV Access, Other
Garage Spaces 1.0
Pool 31, None
View Local/Neighborhood
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Architectural Style Traditional
Others
Tax ID 060111018
Special Listing Condition Not Applicable
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