590 S 6th, Grover Beach, California 93433, Grover Beach, 93433 - 0 bed, 0 bath
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Grover Beach, California 93433
This triplex represents a Strong Value Opportunity, listed at $1,394,000—positioned well below the $1,291,121 Fair Market Value by -7%. While the property is in Fair Condition Rating, its three 2-car garages provide a rare competitive advantage for rental income. The 1978 construction offers a stable foundation for value-add renovations to modernize the interiors. This asset is perfectly suited for Buy-and-Hold Investors seeking steady cash flow or Owner-Occupants looking to leverage supplemental rental income in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 590 S 6th Subject | $1,394,000* List Price | 0 | 0 | 2,503 | $516 | - |
A 1234 Seabright Active | $1,250,000 List Price | 0 | 0 | 2,632 | $475 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this triplex is an aged but functional investment property. While it is well-maintained and offers high utility with three 2-car garages, the construction and interior styles are dated. It lacks recent major renovations, placing it in the fair category where systems are functional but show signs of age and would benefit from modern updates.
The property features three separate 2-car garages, a rare and highly desirable amenity for a triplex that significantly boosts tenant appeal and provides additional rental value.
Situated in the heart of Grover Beach, the property is just minutes from the beach, shopping, and dining, ensuring high demand and long-term appreciation.
This triplex offers flexible options for investors seeking steady cash flow or owner-occupants looking for supplemental rental income in a quiet residential setting.
Built in 1978, the property may require more frequent maintenance or modern upgrades to compete with newer residential income properties in the area.
Despite its coastal proximity, the property lacks ocean or landscape views, which may limit its appeal to premium-market tenants or buyers.
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 you won’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,503 | - |
| Lot Size | 7,500 | - |
| Price | $1.39M | $800.0K |
| Price per sq ft | $557 | $494 |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 140 | 89 |
Jun 12, 2026
$1,394,000
$1,419,000
-2% Price Drop
Initial Listing
Mar 4, 2026
$1,419,000
Initial Listing
Jul 27, 2016
$625,000
Public Record
Feb 24, 2005
$475,000
Public Record