243 N 6th, Grover Beach, California 93433, Grover Beach, 93433 - 2 bed, 1 bath
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Grover Beach, California 93433
Analysis of 243 N 6th, Grover Beach, California 93433 is currently available with a list price of $725,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1946 and features renovations to the kitchen and bathroom that appear to be 15-25 years old. While the kitchen includes updated stainless steel appliances and the home is described as functional for rental income, the overall aesthetic is dated, the laundry facilities are located in an unfinished outbuilding, and the listing emphasizes 'value-add' or redevelopment potential.
The R3 zoning on a generous 7,500 sqft lot provides a rare opportunity for multi-unit development, ADU expansion, or a strategic value-add project in a high-demand coastal market.
Situated just minutes from the beach and Pismo Beach, the property benefits from peek-a-boo ocean views and close proximity to local dining, shopping, and major commuter routes.
The existing 2-bedroom, 1-bath residence offers the ability to generate rental income immediately while developers navigate the planning and permitting process for future improvements.
Built in 1946, the original structure likely requires significant modernization or repairs to meet current buyer expectations if the intent is not immediate demolition for redevelopment.
With only 892 square feet of living area, the current home is quite small, which may restrict its appeal to traditional families or buyers not looking to undertake a major expansion.
Prime investment opportunity in the coastal community of Grover Beach. 243 N 6th Street sits on a 0.17-acre lot with desirable R3 zoning, offering excellent potential for multi-unit development, expansion, or a strategic value-add project. The existing 2-bedroom, 1-bath home provides immediate rental income or serves as a functional starting point while planning future improvements or redevelopment. With the ability to build multiple units, this property is well-positioned for investors looking to capitalize on a high-demand coastal market. The lot offers ample space for additional units, ADU potential, or ground-up construction. Ideally located near shopping, dining, and major commuter routes, and just minutes from the beach and Pismo Beach. Combining zoning flexibility, lot size, and coastal proximity, this property presents a opportunity for both immediate use and long-term upside. Ideal for investors, developers, or buyers seeking a primary residence with future expansion potential on the Central Coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1946 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 22, 2026
$725,000
Initial Listing
Jul 28, 1998
$118,000
Public Record