Unlock the full potential of this meticulously maintained 3-unit mixed use investment property, perfectly positioned on a highly visible corner lot! The front unit features a vacant commercial space that is ready for retail or office usage. The property also includes two 1-bedroom apartment units, each with its own private garage. These two units are fully occupied and have strong ADU potential by converting the garages. Recent updates include a new roof installed in 2020, along with fresh exterior and interior paint. Located in a desirable neighborhood, this property offers high visibility and foot traffic, making it an ideal choice for retail or office space while providing stable residential income. An exceptional opportunity to invest in a versatile property in a prime location.
Sold for $970,000
Tax assessed value
$970,000
1391 W Grand Ave, Grover Beach, CA 93433
--beds
0baths
1,894sqft
Multi Family
Built in 1959
-- sqft lot
$1,052,900 Zestimate®
$512/sqft
$2,621 Estimated rent
Home value
$1,052,900
$937,000 - $1.18M
$2,621/mo
Zestimate® history
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$6,136/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Benjamin Lalezari DRE # 01987941 818-448-2262,
Realty Investment Advisors, Inc.,
Benjamin J. Hsiang DRE # 01438644 424-377-6001,
Realty Investment Advisors, Inc.
Bought with:
Patrick Bashforth, DRE # 02106565
eXp Realty of California, Inc.
Source: CLAW,MLS#: 24-447949
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall
Cooling
- Central Air
Appliances
- Laundry: Gas Or Electric Dryer Hookup
Interior area
- Total structure area: 1,894
- Total interior livable area: 1,894 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - 1 Car, Driveway, Private Garage
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
Lot
- Size: 5,876 Square Feet
Details
- Additional structures: None
- Parcel number: 060243011
- Zoning: CBD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1959
Community & HOA
Location
- Region: Grover Beach
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $808,748
- Annual tax amount: $11,186
- Date on market: 10/2/2024
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2024 | Sold | $970,000-2.8%$512/sqft |
Source:  CLAW #24-447949 Report a problem | ||
| 12/2/2024 | Contingent | $998,000$527/sqft |
Source: CLAW #24-447949 Report a problem | ||
| 10/2/2024 | Listed for sale | $998,000+5.1%$527/sqft |
Source: CLAW #24-447949 Report a problem | ||
| 1/15/2021 | Listing removed | $950,000$502/sqft |
Source:  CRMLS #SP20214239 Report a problem | ||
| 12/11/2020 | Listed for sale | $950,000$502/sqft |
Source: Keller Williams Realty Central Coast #SP20214239 Report a problem | ||
| 11/20/2020 | Pending sale | $950,000$502/sqft |
Source: Keller Williams Realty Central Coast #SP20214239 Report a problem | ||
| 10/11/2020 | Listed for sale | $950,000+31%$502/sqft |
Source: Keller Williams Realty Central Coast #SP20214239 Report a problem | ||
| 5/14/2018 | Sold | $725,000+291.9%$383/sqft |
Source: Public Record Report a problem | ||
| 10/19/1999 | Sold | $185,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,186 +20.8% | $970,000 +19.9% |
| 2024 | $9,261 +0.8% | $808,748 +2% |
| 2023 | $9,189 +1.6% | $792,891 +2% |
| 2022 | $9,046 +1.2% | $777,345 +2% |
| 2021 | $8,940 +1.1% | $762,104 +1% |
| 2020 | $8,838 +0.8% | $754,290 +2% |
| 2019 | $8,767 +190% | $739,500 +192.1% |
| 2018 | $3,023 +4.6% | $253,127 +2% |
| 2017 | $2,888 +7.3% | $248,165 +2% |
| 2016 | $2,692 | $243,300 +1.5% |
| 2015 | $2,692 | $239,647 |
Find assessor info on the county website
Neighborhood: 93433
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Nearby schools
GreatSchools rating
- 6/10Grover Heights Elementary SchoolGrades: K-6Distance: 0.6 mi
- 6/10Judkins Middle SchoolGrades: 7-8Distance: 2.1 mi
- 9/10Arroyo Grande High SchoolGrades: 9-12Distance: 1.9 mi
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$1,052,900
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$1,073,958
- California
- San Luis Obispo County
- Grover Beach
- 93433
- 1391 W Grand Ave
Nearby cities
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