
Grover Beach, California 93433
This property presents a High-Potential Investment Opportunity with a List Price of $530,000—positioned slightly above the $519,764 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects significant value-add potential through cosmetic updates. The functional two-story layout and Attached Two-Car Garage provide a solid foundation for renovation. Located in the Lucia Mar Unified school district with proximity to coastal amenities, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1609 Manhattan Subject | $520,000* List Price | 3 | 2 | 1,386 | $374 | - |
A 1637 Longbranch Active | $619,000 List Price | 3 | 3 | 1,499 | $413 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this 46-year-old property is dated and requires modernization. While the main level features newer laminate flooring, the bathroom remains in original condition with dated cabinetry and fixtures. The presence of popcorn ceilings and original hollow-core doors suggests that major systems and cosmetic elements are well beyond the 20-year threshold for updates.
The property is ideally situated just minutes from the beach and the vibrant amenities of the South County Five Cities area, offering an excellent coastal lifestyle and strong investment potential.
With 1,386 square feet of living space and a smart separation of common areas downstairs and bedrooms upstairs, the floor plan provides a practical flow for families or remote work setups.
The inclusion of a private, attached two-car garage offers significant value for secure parking and additional storage, which is a premium feature for condominium living.
Built in 1978, the property may require capital improvements or modernization of its original systems and finishes to align with contemporary buyer expectations and energy efficiency standards.
The small 916-square-foot lot size indicates very limited private yard or outdoor area, which may be a drawback for buyers seeking significant space for gardening or outdoor recreation.
Welcome to 1609 Manhattan Avenue, a spacious three-bedroom, two-bath home offering approximately 1,386 square feet in Grover Beach. The functional two-story floor plan places the main living spaces downstairs, where durable laminate flooring creates a clean, cohesive look and an easy flow for everyday living and entertaining. Upstairs, three well-proportioned bedrooms provide flexibility for family, guests, or a home office. An attached two-car garage adds secure parking and valuable storage. Enjoy the relaxed Central Coast lifestyle just minutes from the sand and water. Conveniently located near schools, shopping, dining, Highway 101, and the many attractions and amenities of the South County Five Cities area, this home offers an appealing combination of space, convenience, and coastal access. Whether you are looking for a primary residence, weekend retreat, or investment opportunity, this Grover Beach property is ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,386 | 987 |
| Lot Size | 916 | 979.188 |
| Price | $520.0K | $555.9K |
| Price per sq ft | $375 | $707 |
| Built year | 1978 | 2026 |
| HOA | $330.0 | $333 |
| Days on market | 43 | 113 |
Aug 27, 2026
$520,000
$530,000
-2% Price Drop
Initial Listing
Jul 28, 2026
$530,000
Initial Listing
Jan 31, 2001
$157,500
Public Record