Exciting Investment Opportunity in Grover Beach!Property Overview:Location: Prime corner lot in Grover Beach, CACurrent Use: 2 rented homes providing immediate rental income. Tenants would like to remain in place.Zoning: R3Development Potential: How many Units? The Grover Beach Planning Department has indicated that you can build 8 units on this lot with the possibility of adding more units with the use of fractional units calculation. Call Grover Beach Planning for more information.Why Invest Here?Income Generation: Start earning rental income immediately to offset your investment with the two existing homes. Plan for Future Growth: Tap into the development potential of this R3-zoned corner lot.Strategic Location: Grover Beach offers a vibrant community with easy access to beaches, shopping, and dining and much more!Don't Miss Out!This is a rare opportunity to secure a property with significant development potential in the heart of Grover Beach. Whether you're an investor looking to expand your portfolio or a developer with a vision, this property offers unmatched possibilities.
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Juniorhigh | Not available | Not available |
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Email enquiry to Keller Williams Realty Central Coast
Property ID: 110093273148