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$725,000
Est. payment /mo
2 Beds
1 Bath
935 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 935 sqft
Price per Sqft $775
MLS Listing ID CRPI25062830
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1952
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Property Description
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 hea
Location
State CA
County San Luis Obispo
Zoning HMU
Interior
Cooling Ceiling Fan(s), None
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Pool None
View Y/N false
View None
Private Pool false
Building
Lot Description Level, Other
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Lucia Mar Unified
Others
Tax ID 006175005
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Listed by Michael Puhek • RE/MAX Success
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