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Off market
  • $5,688,800

    228 W Grand Ave, Grover Beach, CA 93433

    21beds
    18baths
    24,944sqft
    Commercial/Residential
    Built in 2004
    -- sqft lot
    $5,688,800 Zestimate®
    $228/sqft
    $1,865 Estimated rent

    Home value

    $5,688,800

    $4.27M - $7.45M

    $1,865/mo

    Zestimate® history
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    $1,865/mo

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    $1,865/mo

    Rent Zestimate®

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    $36,110/mo

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    $36,110/mo

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    What's special

    Unique investment opportunity! 22 separate units including 7 Commercial and 15 Residential. Zoned for vacation rentals with the potential to split into condos. Located just a few minutes from the beach and public transportation. Consisting of ten 2 bedroom units, three 1 bedroom, one 3 bedroom and one 4 bedroom unit. Various floor plans, some with office space, one unit has it's own laundry room, plus a shared coin-op laundry and most units have decks with ocean views. Also included with the commercial units are 3 garages and a patio. All units are currently leased at $38,129 per month per the rent roll. Great location next to the train station, walking distance to restaurants, and just minutes to the beach! These kind of properties do not come up for sale often, don't let this opportunity pass you by!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 18
    Appliances
    • Laundry: Individual Room
    Features
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 24,944 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Levels: Three Or More
    Lot
    • Size: 0.92 Acres
    • Features: Level with Street, Near Public Transit, Irregular Lot
    Details
    • Parcel number: 060206028
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Commercial/Residential
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Grover Beach

    Financial & listing details

    • Price per square foot: $228/sqft
    • Tax assessed value: $4,221,780
    • Annual tax amount: $48,686

    Price history

    DateEventPrice
    8/2/2019Listing removed$6,990,000$280/sqft
    Source: RE/MAX Del Oro #SP19124004 Report a problem
    5/29/2019Listed for sale$6,990,000$280/sqft
    Source: RE/MAX Del Oro #SP19124004 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,686 +2.7%$4,221,780 +2%
    2024$47,398 +0.8%$4,139,001 +2%
    2023$47,026 +1.6%$4,057,845 +2%
    2022$46,297 +1.2%$3,978,281 +2%
    2021$45,751 +1.1%$3,900,277 +1%
    2020$45,233 +0.8%$3,860,286 +2%
    2019$44,866 +1.6%$3,784,595 +2.3%
    2018$44,162 +4.6%$3,698,388 +2%
    2017$42,200 +7.3%$3,625,871 +2%
    2016$39,327 $3,554,777 +1.5%
    2015$39,327 $3,501,382
    Find assessor info on the county website

    Neighborhood: 93433

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $5,688,800
    2% more
    +$113K
    With Zillow Showcase(estimated)
    $5,802,576