Grover Beach homes
Pending236 days on market
$874,900

1134 Atlantic City Avenue, Grover Beach, CA 93433

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Beds
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Baths
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Sq ft

About this home

Assumable 3.25% Loan! This oversized Grover Beach R1-zoned lot offers rare subdivision (3 lots) and single-family-plus-ADU development potential in one of the city’s most desirable neighborhoods. The property sits on an expansive approximately 15,000 sq ft lot—about three times the size of a standard area parcel—and includes an existing smaller single-family residence, providing a quick path to value while you plan your long-term project. **Development Potential R1 zoning with an approximately 15,000 sq ft lot allows for subdivision into THREE parcels consistent with the City’s minimum lot size standards (Buyer to verify with City of Grover Beach). The City of Grover Beach has indicated that the lot is eligible for subdivision under current code, with additional opportunities potentially available through Urban Lot Split provisions (Buyer to verify with City of Grover Beach). Each resulting lot may be eligible for a primary residence plus Accessory Dwelling Units (ADUs), Junior ADUs, or Urban Dwelling Units under current regulations, creating a path for up to 12 units across the finished subdivision (3 three lots with 4 total units per lot) (Buyer to verify with City of Grover Beach). **Location Highlights Located in North Grover, widely considered the most desirable part of Grover Beach, the property is close to beaches, dining, and major commuter routes. The surrounding area features an established neighborhood feel with strong end-user and renter demand, supporting both resale and long-term hold strategies. **Ideal Buyer Profiles **Developers seeking a small-lot subdivision project with strong ADU upside. **Investors looking to create a multi-unit rental cluster within a single, well-located project. **Owner-users who want a primary home with room for extended family, guest units, or future income-producing ADUs. ** Some images are renderings only, used as an example for future development ideas. Buyer to verify all zoning, subdivision feasibility, number and type of units allowed, and all development requirements directly with the City of Grover Beach.

Type
Single Family Residence
Year built
1949
Lot
15,000 sq ft
Garage
1 car
HOA
None
Pool
No
View
Neighborhood
Solar
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Estimated payment
$5,518/mo
  • Principal & interest$4,424
  • Property tax (est.)$838
  • Home insurance (est.)$255

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Abel Contreras, Invest SLO, 805-709-7143. MLS# PI26050114. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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