$1,849,000
6 Bed
4 Bath
3,358 Sqft
18,730 Sqft

414 Grand Avenue, Arroyo Grande, CA 93420

  • Residential Property Type
  • 59 Days Days On Market
  • 1936 Year Built
Property Description

Fantastic Investment Opportunity in Prime Arroyo Grande Location! Portfolio Sale! Seize the chance to own four homes across three separate parcels in the heart of Arroyo Grande. The following properties are included: 414 E Grand Ave, APN: 006-175-006, which includes a 1 bd 1 ba home situated on the front portion of the 0.15 acre lot which can accommodate approx. 8 parking spaces. 418 E Grand Ave, APN: 006-175-005, includes a 2 bd 1 ba home on 0.14 acres also situated on the front portion of the lot, with a parking area in the rear that can accommodate approx. 7 parking spaces. 422 & 422 1/2 E Grand Ave, APN: 006-175-020, includes 2 bd 1 ba home as well as a 1 bd 1 ba unit above a 2-car garage. This property is on 0.14 acres and can accommodate 4 parking spaces including the 2-car garage. ALL THREE PARCELS TOTAL LOT SIZE OF 0.43 ACRES = 18,731 SQUARE FEET). Currently, 422 and 422 1/2 are tenant-occupied, bringing in rental income of $1,768 and $1,632 per month, respectively. Units 414 and 418 are vacant, ready to be rented at market rates. Situated in a prime trade district, this property boasts a highly desirable location on Grand Avenue—the main artery connecting Arroyo Grande with Grover Beach and the Pacific Ocean. To the east, just a short walk over the 101 freeway, you’ll

Basic Details
Residential
Detached
For Sale
CRPI24254431
$1,849,000
Mountain(s)
6
4
59
3,358 Sqft
1936
18,730 Sqft
4
0.43 Acre
Active
2
: Two Story
4
Features
: None
: None
Public Sewer
: None
2
: Other
: Other, Level, Street Light(s)
: Attached, Other
: Shingle
Address Map
CA
San Luis Obispo
Arroyo Grande
93420
Grand Avenue
414
W121° 24' 47.5''
N35° 7' 13.9''
E
From US 101 exit on Grand Ave, Head W on Grand Ave
Additional Info
RE/MAX Success
Michael Puhek
teampuhek@gmail.com
Lucia Mar Unified
Active
Public
For Sale
Price History
12/27/2024
$1,849,000
$0
Additional Information
1
3358
Listing Information
2025-02-13T00:30:09Z
BayEast
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    Agent info
    Rajesh Chenna
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