Arroyo Grande, CA 93420 1218 & 1220 E Grand Avenue

1218 & 1220 E Grand Avenue Arroyo Grande, CA - Image 11218 & 1220 E Grand Avenue Arroyo Grande, CA - Image 21218 & 1220 E Grand Avenue Arroyo Grande, CA - Image 3
Presented By: Brenda Auer with Auer Real Estate Inc.; 805-801-6694
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PI25098433
  • 05/03/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 1,716

Home Details

1/2-acre Residential/Commercial mixed use property located on Grand Ave next to Chase bank, and directly across from Starbucks & Chipotle. Property is a long strip 70 ft wide by 310 ft long, with single ingress/egress directly off Grand Ave. At the front of the property, just along the pedestrian zone is an approximately 350 sq ft stand alone commercial unit with full bathroom and loft area, and an adjacent 1,000 sq ft paver parking/patio area. This space is currently setup as a home-style office and can potentially be utilized for a wide range of businesses activities, including but not limited to retail sales, food & beverage, lodging/vacation rental, and a variety of different services. Heading up the driveway are 3 residential units, each with their own dedicated parking and yard/patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced yard in the front. 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. All 3 residential units are rented fully furnished on a medium-long term basis, with the front two both coming vacant in early May. The back 1/2 of the property includes a large gravel parking area, a small "club house", RV hookups, and a large yard with chicken coops, raised garden bed and fruit trees. This part of the property has ground level ocean views and could potentially be developed with a new single family residence or multiple additional rental units. Alternatively it could be utilized to support one's business ventures, as the unique zoning of the property allows for many potential uses in addition to the existing residences. This property is definitely a must see!
Presented By: Brenda Auer with Auer Real Estate Inc.; 805-801-6694

Interior Features for 1218 & 1220 E Grand Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom, Stacked
Total Stories1

Other Rooms

Entry Level1

General for 1218 & 1220 E Grand Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityArroyo Grande
CountySan Luis Obispo
DirectionsUS 101 to Grand Ave, head west, property is on the right just passed Elm St.
Electric Expense0.0
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Insurance Expense2300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashToNewLoan, Conventional
Lot Size Square Feet21700.0
Lot Size UnitsSquareFeet
MLS AreaARRG - Arroyo Grande
MobileHomeRemainsYNNo
Net Operating Income74600.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Operating Expense15400.0
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1955
Year Built SourcePublicRecords

Exterior for 1218 & 1220 E Grand Avenue

Building Area Total1716.0
Crops Included Y/NNo
FencingChainLink, Wood
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, Garden, GentleSloping, RectangularLot
Lot Size Acres0.4982
Lot Size Area21700.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic, SeeRemarks

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,679,000
MLS#PI25098433
List Date 05/03/2025
Property Type Commercial
Phone 714.742.6515
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