1245 S. 16th Street, Grover Beach, CA 93433
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1245 S. 16th Street, Grover Beach, CA 93433
1245 S. 16th Street, Grover Beach, CA 93433
1245 S. 16th Street, Grover Beach, CA 93433
1245 S. 16th Street, Grover Beach, CA 93433
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Andrea Coleman

Andrea Coleman

+1(619) 548-1991
$ 739,000
Est. payment /mo
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1245 S. 16th Street Grover Beach, CA 93433

3 Beds

2 Baths

1,478 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,478 sqft

Price per Sqft $500

Subdivision Grover Beach (330)

MLS Listing ID SC26194288

Bedrooms 3

Full Baths 2

Year Built 1980

Lot Size 3,033 Sqft

Property Sub-Type All Other Attached

Property Description

Enjoy versatile coastal living and income potential in this unique property offering two separate living areas, each with its own private entrance. Located just minutes from the Village of Arroyo Grande, local beaches, dining, and scenic hiking trails, this home offers flexibility for both homeowners and investors. The spacious upstairs living area features one bedroom, one bathroom, a full kitchen, and an open, comfortable layout with access to a west-facing balcony, perfect for enjoying beautiful evening sunsets. A stand-up attic/loft space provides additional storage and flexible-use potential. The downstairs living area features two bedrooms and one bathroom, with its own private entrance. One of the bedrooms has been converted into a living room, creating a comfortable and functional layout. The property has previously been operated as an Airbnb, with the owner occupying the upstairs living area. Currently, the two living areas generate a combined $4,500 per month in rental income, with the upstairs renting for $2,300 and the downstairs consistently renting for $2,200. The property has maintained this rental income for approximately three years with no gaps in occupancy. The flexible layout provides multiple options for the next owner. Continue using the property as two separate living areas for rental income, occupy one and rent the other, or easily convert it back to its original configuration as a single three-bedroom, two-bathroom home. A rare opportunity for buyers seeking flexibility, rental income, or a property that can adapt to changing needs. As an added bonu

Location

State CA

County San Luis Obispo

Direction Between Farroll and Pike on 16th

Interior

Heating Forced Air Unit

Fireplaces Type FP in Living Room

Fireplace No

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Roof Type Composition

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 060631064

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by George Sabo, DRE#01213713 BHGRE HAVEN PROPERTIES 
Andrea Coleman

Andrea Coleman

Agent License ID: 01988436

+1(619) 548-1991

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1245 S. 16th Street