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 qualifies as excellent due to extensive interior renovations completed within the last five years (approximately four years ago). These updates included new kitchen cabinetry, flooring, and fully remodeled bathrooms. The units are presented as turn-key and move-in ready with modern finishes like wood-look flooring and updated vanities, meeting current quality standards for the area.
Situated in a desirable Grover Beach neighborhood just two miles from Pismo Pier, this property offers high rental demand and significant lifestyle appeal for coastal living.
With renovations completed approximately four years ago—including updated cabinetry, flooring, and remodeled bathrooms—the units are move-in ready, minimizing immediate capital expenditure for a new owner.
Each unit features its own private two-car garage and a dedicated fenced backyard, a rare combination for duplexes that significantly enhances tenant retention and owner-occupancy potential.
The property has been on the market for 99 days and required a $100,000 price reduction, which may indicate initial overpricing or a slower absorption rate for this specific asset class.
The 2-bedroom, 1-bathroom layout per unit may limit the appeal for families or professional roommates who typically prefer a second bathroom, potentially capping the maximum rental ceiling.
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 | 80% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $900.0K | $823.0K | 80% |
| Price per sq ft | $433 | $494 | 20% |
| Built year | 1979 | 1977 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 166 | 20% |
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