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1234 Seabright

Grover Beach, CA 93433
  • $1,275,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: PI26047749
UPDATED: 41 min ago
$1,275,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Shelby Wineman of Real Broker (805-773-4130)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-10T11:29:59.54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/173696357
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1234 Seabright Grover Beach, CA 93433

  • Price: $1,275,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 41 min ago
  • ID#: PI26047749
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1972
Built
Neighborhood:
Grover Beach (330)
County:
San Luis Obispo
Area:
GRVC - Grover Beach
Property Description
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.
Exterior Features

Carport Spaces 2 Carport YN Yes Construction Materials Wood Siding Entry Level 0 Entry Location Ground Fencing Wood Foundation Details Slab Lot Features 2-5 Units/AcreLevel Number Of Separate Electric Meters 3 Parking Features Attached CarportDrivewayOn Street Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle View None View YN No

Interior Features

Appliances DishwasherGas RangeMicrowaveWater Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(s)Sidewalks Contingency 1031 Cooperation Clause Electric 220 Volts OtherSee Remarks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 75720 Gross Scheduled Income 75720 Insurance Expense 1800 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 71220 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 4500 Property Condition Updated/Remodeled Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays ElectricityGasTrash Collection Total Actual Rent 6310 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2700 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-10T11:29:59.54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
 
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Equity Union
860 Walnut St. Ste C
San Luis Obispo CA, 93401
Listing Agent(s): Shelby Wineman of Real Broker (805-773-4130)