Listing provided courtesy of George Sabo of BHGRE HAVEN PROPERTIES. Last updated . Listing information © 2025 Sandicor.
Asking Price: $739,000 | Active
1245 S. 16th Street, Grover Beach CA 93433
Community:
This Residential property was built in 1980 and is priced at $739,000. Please see the additional details below.
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 bonu


















