1245 S. 16th Street

Grover Beach, CA
$ 739,000 Beds 3 Baths 2 Sq 1,478
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 739,000
  • City
  • Grover Beach
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • San Luis Obispo
  • Half Bathrooms
  • 0
  • Area
  • Grover Beach
  • Lot Size
  • 0.0696 Acres
  • Zip
  • 93433
  • Sqr Footage
  • 1,478
  • Year Built
  • 1980
  • Style
  • MLS#
  • SC26194288
Listed By: George Sabo with BHGRE HAVEN PROPERTIES; 805-440-9393
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 1478
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Composition
Garage Spaces 2
Pool Features None
Year Built 1980
View Hills
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Urban
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Grover Beach (330)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Between Farroll and Pike on 16th
City Grover Beach
Entry Location 1
Senior Community Y/N false
High School District Lucia Mar Unified
Number Of Units Total 1
MLS Area GRVC - Grover Beach
Lot Size Units Square Feet
Lot Size Square Feet 3033
Listing Terms Cash,Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity GROVER BEACH

Interior Features

Interior Amenities Attic
Fireplace Features Living Room
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside,In Garage
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Lot Features Level
Water Source Public
Total Parking 2
Lot Size Area 3033
Foundation Details Slab
Lot Size Acres 0.0696
Private Pool false
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/5/2026 Listed $739,000

Property vs Zip Code Average in 93433

Price
AVG $1.07M
$740K
Year Built
AVG 1986
1980

In The Neighborhood

Areas That We Cover

1245 S. 16th Street Grover Beach, CA is a Single Family Home for sale at $739000 with 1478 sqft and a lot size of 0.0696 Acres Acre(s). 1245 S. 16th Street Grover Beach has 3 bedrooms, 2 baths and was built in 1980. The property's zip code is 93433 which is in Grover Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Lucy Delgado

Lucy Delgado

951-319-2636

Find your home's value