Property Details
About this Property
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 det
MLS Listing Information
MLS #
CRPI25062840
MLS Source
California Regional MLS
Days on Site
5
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
Hookup - Gas Dryer, In Laundry Room
Cooling
None
Heating
No Heating
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Other, Garage: 2 Car(s)
Elementary District
Lucia Mar Unified
High School District
Lucia Mar Unified
HOA Fee
$0
Zoning
HMU - Highway Mixed USes
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Arroyo Grande High School | public | 9-12 | 0.47 mi | |
| Harloe Elementary School | public | K-6 | 0.64 mi | |
| Ocean View Elementary School | public | K-6 | 0.72 mi | |
| Paulding Middle School | public | 7-8 | 0.99 mi | |
| Fairgrove Elementary School | public | K-6 | 1.39 mi | |
| Grover Beach Elementary School | public | K-6 | 1.75 mi | |
| Oceano Elementary School | public | K-6 | 1.89 mi | |
| Grover Heights Elementary School | public | K-6 | 1.91 mi | |
| Mesa Middle School | public | 7-8 | 3.08 mi | |
| Judkins Middle School | public | 7-8 | 3.39 mi | |
| Branch Elementary School | public | K-6 | 3.67 mi | |
| Lopez Continuation High School | public | 9-12 | 3.77 mi | |
| Lucia Mar Adult | public | UG | 3.77 mi | N/A |
| Pacific View Academy | public | K-12 | 3.86 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
422 E Grand Ave is a Residential in Arroyo Grande, CA 93420. This 1,066 square foot property sits on a 6,250 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $825,000 and was built in 1952. This address can also be written as 422 E Grand Ave, Arroyo Grande, CA 93420.
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This listing information is up-to-date as of March 22, 2025. For the most current information, please contact Michael Puhek
