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Closed
- Listed price
- $325,000
- Listed May 30, 2023
- Sold price
- $370,000
- Sold Jul 3, 2023
7,775 sqft lot00|12 MLS days on market
480 Longbranch Ave, Grover Beach, CA 93433
Property Description
7,750 CR-2 Lot with ALL UTILITES CONNECTED. Calling all investors and developers. The seller has entitled plans for a 4-8 unit development. In 2016, this property had an existing home on the lot, making it READY TO BUILD. With the property's zoning, the potential to build multiple units exists, making it an excellent investment opportunity for those seeking to maximize their return or expand their real estate portfolio. The Coastal Medium Density Residential Zone allows for small-lot detached and attached multiunit residential dwellings, with a density limit of NINE units per acre. Option to build 2 single-family residences and 2 ADU's. Please note, the lot next door at 456 Longbranch is also offered for sale, giving investors the opportunity to BUILD UP TO EIGHT UNITS (check with the panning dept) combined with both lots. Conveniently located in Grover Beach, this home offers easy access to local amenities, schools, parks, and the stunning California coastline. With its prime location and limitless potential, 480 Longbranch Ave presents a rare opportunity to create your own vision of coastal living.
Listing agent: Abel ContrerasDRE #02062620abel@investslo.com, Listing office: Invest SLO
MLS data updated 10/30/2026, 5:20:37 PM PT
Source: CRMLSMLS #: PI23097856
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$370,000
Jul 3, 2023
Available records22023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$370,000Closed sale · Jul 3, 2023ZIP 93433 · Jul 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMay 30, 2023 – Jul 3, 2023
ZIP 93433 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.