CnC Realty
1 / 17

$899,000

1134 Atlantic City Avenue

Grover Beach, CA 93433

Active

1949

Year Built

San Luis Obispo

County

SingleFamilyResidence

Property Type

About this home

Assumable 3.5% 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.

Listed by Abel Contreras · DRE #02062620 · Invest SLO
MLS #1154941870
ListedFeb 5, 2026

Property Details

Architecture

Stories1
StyleTraditional
Total Units1
RoofN/A
Garage Spaces1
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesAll Bedrooms Down
Exterior FeaturesN/A
FlooringN/A
CoolingNone
HeatingNone
FireplaceNone
LaundryIn Garage
Parking FeaturesDriveway Level, Gravel, Pull Through, Rv Potential, Rv Gated, Rv Access Parking, Garage Faces Side
Parking Total1
Patio & PorchN/A
Entry Level1
Entry LocationFront
Common WallsNo Common Walls

Property Features

Lot Size0.34 ac
Lot FeaturesZero To One Unit Acre, Near Park, Rectangular Lot, Street Level, Value In Land, Yard
ViewNeighborhood
DirectionsStart in US-101 S, take exit 188 toward Oak Park Rd, turn right onto El Camino Real, turn left onto N 12th St, turn right onto Atlantic City Ave, destination will be on the left.

Community

AreaGRVC - Grover Beach
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Exchange1031
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$4,785/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 4:00 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.