Exceptional investment and future development opportunity in the

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Townhome/Townhouse For Sale

261 N 13th

Grover Beach, California 93433

San Luis Obispo County

Community: North Grover Beach(35)

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$995,000 4 br, 3.0 bath 1476 sq. ft. 0.134 acres

Exceptional investment and future development opportunity in the heart of Grover Beach. Situated in the desirable Medium Density Residential (R2) zone, this duplex offers immediate rental income potential with long-term upside for redevelopment.
The existing duplex comes fully furnished and turnkey. Located just minutes from the beach, shopping, restaurants, and easy highway access, this property combines coastal lifestyle with smart investment potential.

This unique property features two addresses and includes an undeveloped portion of the lot, creating flexibility for future multi-unit possibilities (subject to City approval). Under current R2 zoning standards, the site may allow for multiple residential units, including the potential for standard density or fractional density units (600 sq. ft. or smaller), plus possible ADU opportunities. Buyers are encouraged to verify development standards with the City of Grover Beach.
In the meantime, the existing improvements provide a strong opportunity to generate rental income while pursuing development plans and permits. Whether you are an investor seeking cash flow, a builder looking for your next project, or a buyer wanting to secure a coastal property with upside potential, this property checks multiple boxes.

Interior:
  • Bedrooms: 4
  • Baths: 3.0
  • Sq Ft: 1476
  • Year Built: 1949
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: None
Exterior:
  • Lot Size: 0.134 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Asphalt
  • MLS #: SC26042578
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Contact Information:
Beach Townhome/Townhouse For Sale in Grover Beach, California
Listing Agent: Melissa Carstairs, Energy-Wise Realty, 805-234-5209, 805-528-7130 Listing Site, Listing Status: Active
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7360111
Viewed 8 times.
Updated: Mar 05, 2026

This property is a Townhome/Townhouse located at 261 N 13th, Grover Beach, California 93433, and is currently For Sale at $995,000. This Townhome/Townhouse has 4 bedrooms, 3.0 baths, 1476 sq ft.