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1134 Atlantic City Ave, Grover Beach, CA, 93433

2beds
1baths
965sqft
$899,000
$932price/sqft
$5,949/moest. monthly cost
$237,960/yrincome needed

About This Home

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.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

6/10
Judkins Middle SchoolGrades 7-81.8 mi
9/10
Arroyo Grande High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Fixer,Repairs Major
  • Year built: 1949

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: None

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 965 sqft

Property

Accessibility

  • Accessibility features: Parking

Details

  • Parcel number: 060111018
  • Zoning: R1
  • Special condition: Notice Of Default

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.34 Acres
  • Features: 0-1 Unit/Acre,Near Park,Rectangular Lot,Street Level,Value In Land,Yard

Parking

  • Parking features: Gravel,No Driveway,Pull-through,RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance *$133$1,596
Property Taxes $873$10,476
Electricity $398$4,786
Total$5,949$71,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$203,965/yr
40% on housing$178,470/yr
45% on housing$158,640/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$932This listing

vs Other Active Listings

Avg $/sqft

ZIP 93433$361
San Luis Obispo County$560

vs Homes Sold Last Month

Median $/sqft

ZIP 93433$571
San Luis Obispo County$522

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2020-05-12Sold$500,000
2020-04-02Pending sale$595,000
2020-01-10Price change$595,000
2019-08-15Listed for sale$650,000

Pre-Foreclosure

AgentAbel Contreras
BrokerageInvest SLO

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