Rare opportunity to acquire a cash flowing triplex in idyllic Grover Beach, 3/4 mile from the sand. Built in 2005, and comprised of three spacious 2-bed 1-bath units with quality finishes, as well as three attached garages and 3 storage spaces, the property has been well maintained and is stabilized at 100% occupancy. Perfect for an investor looking to park money, or a homeowner looking to live in one of the units while enjoying all the quaint coastal escape has to offer, the property is ideally situated nearby schools, boutique shopping, and unparalleled recreation. The property also provides easy access to the whole of San Luis Obispo County and beyond via nearby 101 freeway and Highway 1. Just minutes to the Oceano Dunes Natural Preserve, Pacific Dunes Ranch Campground, Pismo Lake, and Monarch Butterfly Grove, the property is located in a coastal playground that is a draw for residents and known for its beautiful sand dunes and natural scenery, affording enhanced lifestyle with activities such as relaxing at the beach, riding horses or motoring around in a dune buggy over the roller coaster sand mounds. Additionally, there may be an opportunity to further maximize investment by adding an ADU on the 6,000 sf lot for an additional stream of income and equity addition (buyer to verify).
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