
Grover Beach, California 93433
This Turnkey Coastal Townhome is a Strong Value Opportunity, listed at $699,000—positioned well below the $705,183 Fair Market Value by 0.88%. This valuation gap offers $6,183 in Instant Equity. Featuring an Excellent Condition Rating with modern quartz finishes and luxury vinyl plank flooring, the property provides a stable, rental-ready asset with proven cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready residence near the Central Coast.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 506 S 14th Subject | $699,000* List Price | 3 | 2 | 1,415 | $498 | - |
A 676 N 12th Street #4 Sold | $545,000 | 2 | 2 | 1,150 | $474 | 0.8 mi |
B 436 S Oak Park 8 Sold | $506,025 | 2 | 2 | 1,017 | $498 | 0.3 mi |
C 1632 Longbranch Active | $549,000 List Price | 3 | 2 | 1,386 | $396 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1986, the property has undergone extensive recent renovations (likely within the last 5 years) including new quartz countertops, luxury vinyl plank flooring, updated appliances, and upgraded bathroom vanities. The interior is in mint condition and move-in ready with modern coastal finishes.
The property features high-quality recent renovations including quartz countertops, luxury vinyl plank flooring, and updated appliances, providing a move-in-ready coastal aesthetic for buyers.
With a proven rental history of $3,600 per month, minimal historical vacancy, and exceptionally low HOA dues of $150, this home offers excellent cash-flow potential for investors.
The 1,415-square-foot floor plan is well-designed with an open-concept upper living area and a private entry-level bedroom, complemented by an attached two-car garage and proximity to the beach.
The lot size is essentially limited to the building footprint, offering minimal yard space which may be a drawback for buyers with pets or those seeking significant outdoor recreation areas.
As a condominium/townhome, the property involves shared walls and lacks the total privacy and autonomy found in a detached single-family residence.
Coastal living meets flexibility and investment potential at 506 S. 14th Street in the heart of Grover Beach. This beautifully updated 3-bedroom, 2-bath townhome offers approximately 1,415± square feet of light-filled living space with modern finishes and a functional floor plan ideal for full-time living, a second home, or investment ownership. Recent upgrades include quartz countertops, luxury vinyl plank flooring, upgraded bathroom vanities, updated appliances, and a recently replaced fireplace insert, creating a clean and inviting coastal-modern feel throughout. The upper level features an open-concept kitchen, dining, and living area designed for comfortable everyday living and entertaining, along with two bedrooms, a full bathroom, abundant storage, and private balcony access. The entry level offers a spacious bedroom with patio access, an additional bathroom, and direct access to the attached two-car garage with laundry area. Located approximately 14 blocks from the beach, this home is centrally located and is close to shopping, dining, schools, and all the Central Coast lifestyle amenities Grover Beach is known for. The property has demonstrated strong rental performance with the most recent lease at $3,600 per month and minimal historical vacancy. Property will be delivered fully vacant, creating immediate flexibility for owner-occupants or investors alike. Low HOA dues of just $150/month (paid through 2026) add to the overall value and affordability of this exceptional coastal opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,415 | 876 | 89% |
| Lot Size | 1,415 | 876 | 89% |
| Price | $699.0K | $525.0K | 78% |
| Price per sq ft | $494 | $498 | 44% |
| Built year | 1986 | 1985 | 56% |
| HOA | $150.0 | $368 | 11% |
| Days on market | 12 | 178 | 11% |
May 25, 2026
$699,000
Initial Listing
Aug 26, 2024
$626,000
Public Record
Mar 17, 2021
$415,000
Public Record
Aug 25, 2009
$255,000
Public Record
Jun 30, 2005
$395,000
Public Record
Dec 31, 2002
$277,000
Public Record