422 E Grand Avenue
Arroyo Grande, CA 93420
- 2 beds
- 1 bath
- 1,066 sqft
- 6,250 sqft lot
- $773 per sqft
- 1952 build
- – on site
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.
Last checked:
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Last updated Mar 22, 2025
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MLS# PI25062840 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1952
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:2
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Structure Type:Mixed Use
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:Two
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Entry Location:1
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Room Type:All Bedrooms Down
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Gas Dryer Hookup, Individual Room, Washer Hookup
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Laundry:1
Room Dimensions
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Living Area:1066.00
Location
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Directions:From US 101, exit on Grand Ave, head E on Grand Ave, property will be to the right past the McDonalds
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Latitude:35.12048800
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Longitude:-120.58713700
The Property
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Property Type:Residential
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Subtype:Commercial/Residential
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Zoning:HMU - Highway Mixed USes
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Lot Features:Level with Street, Rectangular Lot, Level
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Lot Size Area:6250.0000
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Lot Size Acres:0.1435
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Lot Size SqFt:6250.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:109.02
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Tax Lot:1
Beds
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Total Bedrooms:2
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Main Level Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:006175020
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Lucia Mar Unified
The Community
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Features:Curbs, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Driveway, Paved, Garage
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Parking Spaces:2.00
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Attached Garage:No
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Garage Spaces:2.00
Monthly cost estimate
Asking price
$825,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,417
|
| Taxes | N/A |
| Insurance | $226 |
| Utilities | $156 See report |
| Total | $4,799/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/21/25
Mar 21, 2025
|
Listed / Active | CRMLS_CA | $825,000 |
