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
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6BEDS
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0.17ACRES
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3BATHS
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01/2 BATHS
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2,632SQFT
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$475$/SQFT
School Ratings & Info
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
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