
Grover Beach, California 93433
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,332,500—positioned above the $1,175,309 Fair Market Value. While the property requires modernization due to its Fair Condition Rating (1978 construction), it offers significant value-add potential through its three separate 2-car garages and prime coastal location. The large 7,500 sqft lot provides long-term flexibility for rental income growth. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage supplemental rental income in a high-demand coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 590 S 6th Subject | $1,332,500* List Price | 0 | 0 | 2,503 | $470 | - |
A 1234 Seabright Sold | $1,245,000 | 6 | 3 | 2,632 | $473 | 0.5 mi |
B 1234 Seabright Sold | $1,245,000 | 0 | 0 | 2,632 | $473 | 0.5 mi |
C 172 N 13th Street Active | $965,000 List Price | 0 | 0 | 1,660 | $581 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (46 years old), the property is dated but functional. While there are some partial updates like laminate flooring and stone countertops, the presence of popcorn ceilings, older oak cabinetry, and aged appliances indicates it has not had a full renovation in over 15-20 years, requiring modernization to meet current standards.
The property features three separate 2-car garages, a rare and highly desirable amenity for a triplex that provides significant storage and added rental value.
Situated just minutes from the beach, dining, and shopping, this location offers high tenant appeal and strong potential for long-term appreciation.
As a triplex on a large 7,500 sqft lot, the property offers flexibility for owner-occupants seeking supplemental income or investors looking for steady cash flow.
Despite its coastal proximity, the property lacks ocean or territorial views, which may limit its premium appeal compared to other nearby listings.
Built in 1978, the property may require ongoing maintenance or modern updates to compete with newer multi-family developments in the area.
Exceptional investment opportunity in the heart of Grover Beach! 590 South 6th Street offers strong income potential in a prime coastal location just minutes from the beach, shopping, dining, and easy freeway access. This well-positioned property presents a fantastic opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. A standout feature of the property is the presence of three separate 2-car garages, providing ample parking, storage, and added rental value— a rare and highly desirable amenity in this area. The triplex offers living features that boost tenant appeal and offers flexibility for long-term or future use. Located on a quiet residential street yet close to all that the Central Coast has to offer, this property combines location, functionality, and income potential. Whether you’re looking for steady cash flow, appreciation, or both, 590 South 6th Street is an opportunity that you can’t afford to pass up. Bring your offer today— this newly priced offering won’t last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,503 | 2,108 |
| Lot Size | 7,500 | 6,695 |
| Price | $1.33M | $1.01M |
| Price per sq ft | $532 | $499 |
| Built year | 1978 | 1975 |
| HOA | $0 | $0 |
| Days on market | 19 | 156 |
Aug 21, 2026
$1,332,500
Initial Listing
Jul 27, 2016
$625,000
Public Record
Feb 24, 2005
$475,000
Public Record