359 N 3rd Street, Grover Beach, California 93433, Grover Beach, 93433 - 0 bed, 0 bath
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Grover Beach, California 93433
Analysis of 359 N 3rd Street, Grover Beach, California 93433 is currently available with a list price of $900,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property underwent a comprehensive interior renovation approximately four years ago, including updated kitchen cabinetry, flooring, and remodeled bathrooms, meeting the <5-year renovation criteria for an Excellent rating. Despite the 1979 build date, the units are described as turn-key and well-maintained with modern finishes.
Situated in a desirable Grover Beach neighborhood just two miles from Pismo Pier, this property offers high demand for both long-term tenants and owner-users seeking a beachside lifestyle.
With remodeled bathrooms, updated kitchen cabinetry, and newer flooring completed within the last four years, the units are move-in ready, minimizing immediate capital expenditure for a new owner.
Unlike many multi-family properties, each unit features its own private two-car garage and a fenced backyard, significantly increasing rental appeal and providing the privacy of a single-family home.
Having spent over 120 days on the market with a significant $100,000 price reduction, the property may face perception issues regarding its initial valuation or underlying market demand.
Built in 1979, the property may require upcoming investments in major systems such as roofing, plumbing, or electrical that were not specified as part of the recent interior cosmetic updates.
Well-maintained duplex located in the desirable coastal community of Grover Beach, a short distance from the beach. Situated on a 7,500 SF lot, the property offers approximately 2,080 SF of living space with two well-proportioned 2BD/1BA units. Each unit includes a private two-car garage and its own fenced backyard, offering flexibility for owner-occupancy while maintaining strong rental appeal. Interior updates completed approximately four years ago include updated kitchen cabinetry, flooring, and remodeled bathrooms. Sliding glass doors provide natural light and direct access to private outdoor space. Ideally located near shopping, dining, and coastal amenities, and approximately two miles from the Pismo Pier and beachfront. This property presents an excellent opportunity for investors or owner-users seeking a turn-key, income-producing asset in a highly desirable San Luis Obispo County coastal location. MARKETING PACKAGE AVAILABLE UPON REQUEST.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,080 | 1,620 | 67% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $900.0K | $800.0K | 67% |
| Price per sq ft | $433 | $494 | 33% |
| Built year | 1979 | 1975 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 158 | 218 | 33% |
Mar 14, 2026
$900,000
$1,000,000
-10% Price Drop
Initial Listing
Jan 6, 2026
$1,000,000
Initial Listing
Aug 26, 2009
$470,000
Public Record