16
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$874,900
Est. payment /mo
2 Beds
1 Bath
0.34 Acres Lot
Pending
1134 Atlantic City Avenue Grover Beach, CA 93433
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision North Grover Beach(350)
MLS Listing ID PI26050114
Bedrooms 2
Lot Size 0.344 Acres
Property Sub-Type Res Income 2-4 Units
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 citys most desirable neighborhoods. The property sits on an expansive approximately 15,000 sq ft lotabout three times the size of a standard area parceland 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 Citys 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 Grover Beach, the property is close to beaches, dining, and major commuter routes. The surrounding area features an established neighborhood feel with strong end-user and renter demand, supporting both resale and long-term hold strategies. **Ideal Buyer Profiles **Developers seeking a small-lot subdivision
Location
State CA
County San Luis Obispo
Zoning Public Rec
Direction Start in US-101 S, take exit 188 toward Oak Park Rd, turn right onto El Camino Real, turn left onto N 12th St, turn right onto A
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 060111018
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Abel Contreras, DRE#02062620 Invest SLO
Nearby School & Business
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