1391 W Grand Avenue

Grover Beach, CA 93433

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 property has one single family home/office and a duplex. Currently the layout is two 1 bedroom, 1 bathroom units which have been newly renovated and are turn key. The front 2 bedroom, 1 bath unit was recently rented as an lawyer office but can be converted back to a single family home. 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 . Both 1 bedroom units are currently rented month to month for $1600 and $1800 for the furnished unit. Both back units come with attached garage spaces and electric security gate. All new roofs installed in September. 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 Beach.

This is an Active listing.

Broker Office Phone Number: 805-548-8686

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