1134 Atlantic City Avenue, Grover Beach, California 93433, Grover Beach, 93433 - 0 bed, 0 bath
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Grover Beach, California 93433
Analysis of 1134 Atlantic City Avenue, Grover Beach, California 93433 is currently available with a list price of $999,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Grover Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is a 1949 original structure marketed primarily for its 15,000 sq ft lot's development and subdivision potential. Most listing images are renderings of future builds rather than the actual home, and the existing 965 sq ft residence is described as a candidate for demolition to achieve the highest and best use of the land. The value is clearly in the land and the potential to build up to 12 units.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 965.
The oversized 15,000 sq ft lot is approximately three times the standard size for the area, offering rare R1-zoned subdivision potential into three separate parcels.
The property offers a path to develop up to 12 units through ADU and Urban Lot Split provisions, creating significant upside for rental income or multi-unit resale.
The original 1949 residence is small and likely requires significant renovation or demolition to fully realize the property's highest and best use.
Subdivision feasibility and unit counts are not yet permitted and rely on buyer verification with the city, introducing regulatory uncertainty and potential delays.
This oversized Grover Beach R1-zoned lot offers rare subdivision (3 lots) and single-family-plus-ADU development potential in one of the city’s most desirable neighborhoods. The property sits on an expansive approximately 15,000 sq ft lot—about three times the size of a standard area parcel—and includes an existing smaller single-family residence, providing a quick path to value while you plan your long-term project. **Development Potential R1 zoning with an approximately 15,000 sq ft lot allows for subdivision into THREE parcels consistent with the City’s minimum lot size standards (Buyer to verify with City of Grover Beach). The City of Grover Beach has indicated that the lot is eligible for subdivision under current code, with additional opportunities potentially available through Urban Lot Split provisions (Buyer to verify with City of Grover Beach). Each resulting lot may be eligible for a primary residence plus Accessory Dwelling Units (ADUs), Junior ADUs, or Urban Dwelling Units under current regulations, creating a path for up to 12 units across the finished subdivision (3 three lots with 4 total units per lot) (Buyer to verify with City of Grover Beach). **Location Highlights Located in North Grover, widely considered the most desirable part of Grover Beach, the property is close to beaches, dining, and major commuter routes. The surrounding area features an established neighborhood feel with strong end-user and renter demand, supporting both resale and long-term hold strategies. **Ideal Buyer Profiles **Developers seeking a small-lot subdivision project with strong ADU upside. **Investors looking to create a multi-unit rental cluster within a single, well-located project. **Owner-users who want a primary home with room for extended family, guest units, or future income-producing ADUs. ** Some images are renderings only, used as an example for future development ideas. Buyer to verify all zoning, subdivision feasibility, number and type of units allowed, and all development requirements directly with the City of Grover Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 965 | 1,451 | 22% |
| Lot Size | 15,000 | 5,950 | 96% |
| Price | $999.0K | $842.5K | 76% |
| Price per sq ft | $1.0K | $589 | 96% |
| Built year | 1949 | 1979 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 177 | 13% |
Mar 10, 2026
$999,000
Initial Listing
May 12, 2020
$500,000
Public Record