422 E Grand Avenue Arroyo Grande, CA 93420
Listing Courtesy of: CRMLS / Re/Max Success / Michael Puhek - Contact:  805-459-1627

  422 E Grand Avenue Arroyo Grande, CA 93420

Active (12 Days)
$825,000
2
BED
1
BATH
1,066
SQFT

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 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. PLEASE DO NOT DISTURB TENANTS.

MLS #:
PI25062840
Lot Size
6,250 SQFT
Type
Single-Family Home
Year Built
1952
School District
Lucia Mar Unified
County
San Luis Obispo County

Listed By

Michael Puhek, Re/Max Success, Contact: 805-459-1627
Source
CRMLS
Last checked Apr 3 2025 at 4:47 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Laundry: Laundry Room
  • All Bedrooms Down
  • Laundry: Gas Dryer Hookup
  • Laundry: Washer Hookup
Lot Information
  • Level
  • Rectangular Lot
  • Street Level
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
  • Garage
  • Paved
Stories
  • 2
Living Area
  • 1,066 sqft
Additional Information: Re/Max Success | 805-459-1627
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.