418 E Grand Avenue, Arroyo Grande, CA 93420 (MLS # PI25062830)
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This property includes a two-bedroom, one-bath house with mixed-use commercial zoning. There is a large additional storage room adjacent to the laundry room with its own separate entrance. It is situated on the front portion of a 0.15-acre lot, offering space for approximately seven parking spaces. Situated in a prominent trade district, this property is in a highly desirable location on Grand Avenue, the main artery 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, known for its fantastic restaurants, local shops, and vibrant community atmosphere. According to City Planning, this site is ideal for mixed-use development. It’s an excellent opportunity for investors or developers. While planning for the property’s future, buyers can continue collecting rental income. The broad zoning allows for numerous possibilities.(Additional Opportunity: This property can be purchased alongside two adjacent properties: 414 E Grand Ave. (APN: 006-175-006) and 422 & 422 1/2 E Grand Ave. (APN: 006-175-020) See listing numbers PI25062348 and PI25062840 for more 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.)All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for conducting all due diligence and confirming intended uses with the city’s Building and Planning Department.
| DAYS ON MARKET | 10 | LAST UPDATED | 3/21/2025 |
|---|---|---|---|
| YEAR BUILT | 1952 | COMMUNITY | AG-West of Hwy 101 |
| COUNTY | San Luis Obispo | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Lucia Mar Unified |
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| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | AG-West of Hwy 101 |
| GARAGE | Driveway, Paved |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Ceiling Fan(s) |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Level, Rectangular Lot, Street Level |
| PARKING | Driveway,Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | HMU - highway mixed use |
TOTAL MONTHLY PAYMENT
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