422 E Grand Avenue #422 & 422 1/2, Arroyo Grande, CA 93420 (MLS # 25001004)

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PRICE $825,000 dsIDX morgage calculator
BEDS 1
BATHS 0
HOME SIZE 1,066 sqft
LOT SIZE 6,099 sqft
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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 details. Combined, these properties provide a total of 0.43 acres with four mixed-use zoned houses across three parcels in the heart of Arroyo Grande.)

DAYS ON MARKET 10 LAST UPDATED 5/20/2025
YEAR BUILT 1952 GARAGE SPACES 2.0
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
GARAGE Yes
HEAT None
LOT 6098 sq ft
SEWER Public Sewer
WATER Public
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