Listed price in listed location currency (USD).
$739,000

322

MLS® SC26194288

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1478 sqft
Garage Yes
Taxes 
Days Active 34
Lot Size 0.0696 Acres
Approx. Age 1980
Avg. Price Per Sqft $500
MLS® Number SC26194288

Property Address: 1245 S 16th St, Grover Beach, CA, 93433-3217

Average square foot calculated using Size range provided by listing agent.

Description

Enjoy versatile coastal living and income potential in this unique property offering two separate living areas, each with its own private entrance. Located just minutes from the Village of Arroyo Grande, local beaches, dining, and scenic hiking trails, this home offers flexibility for both homeowners and investors. The spacious upstairs living area features one bedroom, one bathroom, a full kitchen, and an open, comfortable layout with access to a west-facing balcony, perfect for enjoying beautiful evening sunsets. A stand-up attic/loft space provides additional storage and flexible-use potential. The downstairs living area features two bedrooms and one bathroom, with its own private entrance. One of the bedrooms has been converted into a living room, creating a comfortable and functional layout. The property has previously been operated as an Airbnb, with the owner occupying the upstairs living area. Currently, the two living areas generate a combined $4, 500 per month in rental income, with the upstairs renting for $2, 300 and the downstairs consistently renting for $2, 200. The property has maintained this rental income for approximately three years with no gaps in occupancy. The flexible layout provides multiple options for the next owner. Continue using the property as two separate living areas for rental income, occupy one and rent the other, or easily convert it back to its original configuration as a single three-bedroom, two-bathroom home. A rare opportunity for buyers seeking flexibility, rental income, or a property that can adapt to changing needs. As an added bonus with a Solar panel system added in 2021 you will enjoy dramatically lower monthly utility bills, reliable clean energy, and peace of mind against rising electricity rates. Photos taken prior to current occupancy.
MLS® NumberSC26194288
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1980
Basement
Driveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 5, 2026List Date
$739,000List Price

Home Appraisal

This property is estimated to sell between: $739,000 and $774,000.
Similar properties in this area sold on average for: $762,101
Expected to sell very soon! Similar properties sold in 31 days. This home has been on eXp Realty for 34 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1245 S 16Th St, Grover Beach, CA

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