Investment Overview

Marcus & Millichap is pleased to present 359–361 N 3rd Street, a well-maintained duplex located in the desirable coastal community of Grover Beach, California. Built in 1979, the property sits on a 7,500 square foot lot and features a total of 2,080 square feet of living space. Each unit consists of two bedrooms and one bathroom and includes its own private two-car garage—a highly sought-after amenity in the market. Both units are individually metered for utilities, allowing for straightforward management and reduced owner expenses. Recent updates enhance the property’s appeal, including kitchen cabinetry and flooring completed approximately four years ago, and remodeled bathrooms in both units. Each unit enjoys direct backyard access through sliding glass doors, providing natural light and indoor-outdoor livability. Ideally positioned near local shopping, dining, and beaches, the property offers a strong mix of stable tenancy potential and long-term appreciation. 359–361 N 3rd Street presents an excellent opportunity for investors or owner-users seeking a turn-key, income-producing asset in one of San Luis Obispo County’s most attractive coastal submarkets.