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Listed By:
George Sabo with BHGRE HAVEN PROPERTIES; 805-440-9393
Address
1245 S. 16th Street, Grover Beach, CA
Price
$ 739,000
Property Attributes
  • MLS#SC26194288
  • TypeSingle Family
  • Listing Status Active
  • CountySan Luis Obispo
  • CityGrover Beach
  • Area Grover Beach
  • NeighborhoodGrover Beach (330)
  • Zip93433
  • Style
  • Year Built1980
  • Price$ 739,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1478
  • Lot Size0.0696 Acres
Data Source:
California Regional MLS (CRMLS)
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 bonus with a Solar panel system added in 2021 you will enjoy dramatically lower monthly utility bills, reliable clean energy, and peace of mind against rising electricity rates. Photos taken prior to current occupancy.

Price History
9/5/2026 Listed $739,000

General Features

Living Area 1478
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Composition
Garage Spaces 2
Pool Features None
Year Built 1980
View Hills
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Urban
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Grover Beach (330)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Between Farroll and Pike on 16th
City Grover Beach
Entry Location 1
Senior Community Y/N false
High School District Lucia Mar Unified
Number Of Units Total 1
MLS Area GRVC - Grover Beach
Lot Size Units Square Feet
Lot Size Square Feet 3033
Listing Terms Cash,Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity GROVER BEACH

Interior Features

Interior Amenities Attic
Fireplace Features Living Room
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside,In Garage
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Lot Features Level
Water Source Public
Total Parking 2
Lot Size Area 3033
Foundation Details Slab
Lot Size Acres 0.0696
Private Pool false
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 93433

Price
AVG $1.04M
$740K
Year Built
AVG 1986
1980

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