1220 Grand Avenue, Arroyo Grande, CA 93420
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1220 Grand Avenue,Arroyo Grande, CA 93420
$1,499,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brenda auer
Office: auer real estate inc.
MLS#:PI26067088
Source:MLSListings
Price summary
- Price:$1,499,000
About this home
1/2-acre Mixed-Use property with 3 residential units and 1 commercial unit located directly off Grand Ave in the heart of Arroyo Grande. Property is a long strip 70 ft wide and the length of a football field. At the front of the property, directly across the street from Starbucks, is a 350 sq ft commercial building with paver parking lot. This space has been freshly refinished and can potentially be utilized for a wide range of businesses activities including retail, food & beverage, office space, personal services, or even lodging. Heading up the driveway are 3 residential units, each with their own dedicated parking and patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced front yard. It has a stacked washer/dryer setup in the bathroom. The back 2 units are both 1 bedroom 1 bath and have been fully refinished with all new cabinets, counters, flooring, fixtures, tile showers, etc. They share a common laundry room that is accessed from each of their respective covered patios. The 3 residences are currently rented for $7,700 per month, and the commercial space is estimated to be able to rent for $2,300 per month, bringing the total gross rents possible on existing units to approximately $10,000 per month. The back 1/4-acre of the prope...
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Home facts
- Year built:1955
- Listing ID #:PI26067088
- Added:178 day(s) ago
- Updated:September 23, 2026 at 04:39 PM
Structure and exterior
- Roof:Composition
- Year built:1955
- Lot area:0.5 Acres
- Lot Features:Gently Sloped, Mid Block
- Levels:1 Story
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,499,000
Features and amenities
- Laundry features:In Laundry Room, Stacked Only
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