Homes for sale - 422 E Grand AVE, Arroyo Grande, CA 93420

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Ryan Mull

rkp@therealtysociety.com +1(408) 805-0359

Listed by Michael Puhek • RE/MAX Success

$ 825,000

Est. payment | -/mo

2 Beds

1 Bath

1,066 SqFt

Save

$ 825,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,066 SqFt

Key Details

Property Type Single Family Home

Sub Type Other Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,066 sqft

Price per Sqft $773

MLS Listing ID CRPI25062840

Bedrooms 2

Full Baths 1

Year Built 1952

Lot Size 6,250 Sqft

Property Sub-Type Other Residential

Source California Regional MLS

Property Description

This mixed-use commercial/residential property includes: A two-bedroom, one-bath house currently tenant-occupied, generating $1,768 per month in rent. Also included is a charming one-bedroom, one-bath unit situated above a two-car garage with an adjacent laundry room and storage unit, generating $1,632 per month in rent. The parcel is 0.14 acres and offers approximately five parking spaces, including the garage spaces. Located in a thriving trade district, this property sits on Grand Avenue, the main corridor connecting Arroyo Grande to Grover Beach and the Pacific Ocean. Just a short walk east over the 101 freeway leads to the charming Village of Arroyo Grande, renowned for its excellent restaurants, unique shops, and welcoming community. According to City Planning, this site is ideal for mixed-use development and presents an excellent opportunity for investors or developers. While future development plans are made, buyers can continue collecting reliable rental income. With broad zoning, the possibilities for this property are extensive. (Additional Opportunity: This property can be purchased in conjunction with two adjacent properties: 414 E Grand Ave. (APN:006-175-006) and 418 E Grand Ave. (APN: 006-175-005). See listing numbers PI25062348 and PI25062830 for additional det

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Zoning HMU - Highway Mixed USes

Interior

Heating No Heating

Cooling None

Fireplaces Type None

Laundry Gas Hookup, In Laundry Room, 30

Exterior

Parking Features Garage, Other

Garage Spaces 2.0

Pool 31, None

View None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 006175020

Special Listing Condition Not Applicable

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Ryan Mull

Broker-Associate | Lic# 01329887

rkp@therealtysociety.com

+1(408) 805-0359

42 Martin St Gilroy, CA, 95020

422 E Grand AVE Arroyo Grande, CA 93420

Ryan Mull

Key Details

Location

Interior

Exterior

Building

Others

422 E Grand AVE