450 South 10th Street, Grover Beach, California 93433, Grover Beach, 93433 - 3 bed, 2 bath
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Grover Beach, California 93433
This Coastal Value-Add Residence is a Prime Investment Opportunity, listed at $760,000—positioned well below the $785,620 Fair Market Value by 3%. This valuation gap offers $25,620 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the home features fresh interior paint, stainless steel appliances, and Zoning R2 for multi-unit potential. Located in the Lucia Mar Unified district just three minutes from the beach, this property is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 450 South 10th Street Subject | $760,000* List Price | 3 | 2 | 1,280 | $614 | - |
A 1657 Newport Avenue Sold | $855,000 | 3 | 2 | 1,334 | $641 | 0.7 mi |
B 1508 Nice Avenue Sold | $820,000 | 4 | 2 | 1,104 | $743 | 0.5 mi |
C 1955 Capistrano Court Sold | $780,000 | 3 | 2 | 1,406 | $555 | 0.9 mi |
D 1965 Solana Court Sold | $805,000 | 3 | 2 | 1,203 | $669 | 1.0 mi |
E 1294 San Sorrento Court Sold | $855,000 | 3 | 2 | 1,311 | $652 | 0.8 mi |
F 520 Rockaway Sold | $788,000 | 3 | 3 | 1,424 | $553 | 0.3 mi |
G 360 Dover Court Active | $780,000 List Price | 3 | 2 | 1,266 | $616 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several key updates including fresh interior and exterior paint, double-pane windows, and stainless steel appliances in the kitchen. While the kitchen cabinetry and wall heating units are older in style, the updated bathroom fixtures, tile flooring, and Pergo living room floors provide a modern feel that exceeds a fair rating.
Situated just three minutes from the beach, this property offers an exceptional coastal lifestyle in the highly sought-after Grover Beach community.
The R-2 zoning provides a unique opportunity for investors or homeowners to explore multi-unit development or the addition of an accessory dwelling unit (ADU) on the 5,000 square foot lot.
The home features significant recent improvements, including double-pane windows, fresh interior and exterior paint, and updated bathroom fixtures and tile flooring, ensuring a modern feel.
As a 1969 build, the property may have aging core systems that could require future maintenance or upgrades despite the recent cosmetic improvements.
At 1,280 square feet for a three-bedroom home, the interior proportions and eat-in kitchen layout may feel restrictive for buyers seeking spacious communal areas or formal dining rooms.
Looking for that perfect home approximately 3 minutes from the beach? Look no further! This 1280 square foot home with 3 bedrooms and 2 bathrooms can be your oasis. Soak in the glorious weather of Grover Beach with plenty of outdoor living space on this 5000 square foot property. Park with ease on the long driveway that can accommodate at least 3 vehicles. Upon entering through the front door you are greeted with a spacious living room with a ceiling fan and Pergo flooring. Adjacent to the living room is the large eat-in kitchen featuring stainless steel appliances. Next to the kitchen is the laundry room with a side entrance to the home. The hallway bathroom features a double sink. Both hall and primary ensuite bathrooms have updated tile flooring and fixtures. Relish in the charm of a 1969 home with the benefits of double pane windows, ceiling fans in every bedroom, fresh interior paint, and recently painted exterior. Zoned R-2 for those who would like explore the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,280 | 1,451 | 37% |
| Lot Size | 5,000 | 5,694.5 | 46% |
| Price | $760.0K | $827.5K | 33% |
| Price per sq ft | $594 | $589 | 52% |
| Built year | 1969 | 1979 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 177 | 2% |
Apr 15, 2026
$760,000
Initial Listing
Mar 18, 2022
$645,000
Public Record