149 N 10th Street, Grover Beach, CA 93433

$649,000
List Price
$649,000
Status
PENDING
MLS#
PI24060688
Year Built
1947
Lot Size
5,000
Acres
0.11
Lot Location
2-5 Units/Acre
Days on Market
13
Property Type
Multifamily
Property Sub Type
Triplex
Neighborhood
Grover Beach (330)

Property Description

Don't miss out on this rare chance to own three beachfront homes, 149, 195 & 195 1/2, just a stone's throw from the water! Nestled in the heart of the Central Business (CB) Zone, this property offers endless potential for savvy investors and developers alike. While zoned for commercial purposes, this unique property permits the construction of up to two detached accessory dwelling units, thanks to its multi-dwelling unit setup. There is the opportunity to build up to 55 feet high, envision transforming this space into a magnificent five-story building that captures stunning ocean views. The possibilities are boundless with this prime real estate opportunity. Explore the potential for various uses and developments by consulting Chapter 2 of the development code. Seize this opportunity to make waves in the beachfront property market!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$27,600
Operating Expense
4200

Listing courtesy of Listing Agent: Robert Mariani (robert.mariani@gmail.com) from Listing Office: Mariani Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.