$1,245,000
SOLD AUG 10, 2026
6 Beds
3 Baths
2,632 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: August 10, 2026

$473 Per Sq Ft

2% Below List Price

128 Days on Market

Highlights

  • No HOA
  • 2 Attached Carport Spaces
  • Wood Fence
  • Tile Flooring
  • Laundry Facilities
  • Level Lot

About This Home

As of August 2026

Exceptional investment opportunity in the heart of Grover Beach. This extensively renovated triplex offers true pride of ownership with major system upgrades, modernized interiors, and strong income potential. All three units feature remodeled kitchens with newer cabinetry installed approximately seven years ago, updated with added can lighting, ceiling fans, tile flooring throughout, removed popcorn ceilings and retexturing on all drywall surfaces. Windows were replaced with insulated glass for improved energy efficiency and comfort. The property has undergone comprehensive infrastructure improvements, including a full electrical rewire with new copper wiring throughout (replacing all aluminum wiring), new outlets and switches, and permitted electrical upgrades signed off by the City of Grover Beach. Plumbing has been completely replaced with PEX piping, including new supply lines, angle stops, pressure regulators, and individual shut-off valves for each unit. Water heaters have been replaced for each unit with temperature and pressure regulators. The roof was fully replaced with a permitted 50-year roof after removal of all prior roofing materials. Exterior enhancements include refreshed landscaping with tree removal and new planting, as well as exterior painting. The exterior has 220V electrical accessible in the rear for convenient laundry capability. With major capital improvements already completed and permits finalized with the City, this property offers a rare opportunity for investors seeking a low-maintenance asset with strong rental upside in a desirable coastal location.

Last Agent to Sell the Property

Shelby Wineman

Real Broker Brokerage Phone: 805-503-0258 License #02226907 Listed on: 03/04/2026

Last Buyer's Agent

Owen Schwaegerle

The Schwaegerle Team License #02040597

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Level Lot
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,632 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for gas, trash collection, electricity
  • Legal Lot and Block 4 / 141
  • Assessor Parcel Number 060295034

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Grover Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $2,700
  • Operating Expense $4,500
  • Gross Income $80,208
  • Net Operating Income $75,708

Property Details

Home Type

Multi-Family

Year Built

Built in 1972 | Remodeled

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Grover Beach (330)
  • View: No
  • Water Sewer Expenses: 2700.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 060295034
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 473.02
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking Features: Driveway, Attached Carport, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Microwave, Gas Range, Dishwasher
  • Electric: 220V Other - See Remarks
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, 2-5 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Average2 Bed Area: 877 Square Feet
  • Gross Income: 80208.00
  • Gross Scheduled Income: 80208.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 75708.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4500.00
  • Rent Control: Yes
  • Total Actual Rent: 6310.00
  • Total Expenses: 4500.00

Tax Info

  • Tax Block: 141
  • Tax Lot: 4

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/10/2026 08/10/26 Sold $1,245,000 -0.4% $473 / Sq Ft
07/10/2026 07/10/26 Pending -- -- --
06/09/2026 06/09/26 Price Changed $1,250,000 -2.0% $475 / Sq Ft
03/04/2026 03/04/26 For Sale $1,275,000 -- $484 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI26047749

California Regional Multiple Listing Service (CRMLS)

APN: 060-295-034

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