Home | San Luis Obispo County | Arroyo Grande | 93420 | 1220 1218 E Grand Ave
MLS: CRPI26063326 | Status: Active | Price: $1,499,000
Beds/Baths: 4 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 4 | 4 | 2,060 | 0.498 | 1955 |
1/2-acre Mixed-Use property with 3 residential units and 1 commercial unit located directly off Grand Ave in the heart of Arroyo Grande. Property is a long strip 70 ft wide and the length of a football field. At the front of the property, directly across the street from Starbucks, is a 350 sq ft commercial building with paver parking lot. This space has been freshly refinished and can potentially be utilized for a wide range of businesses activities including retail, food & beverage, office space, personal services, or even lodging. Heading up the driveway are 3 residential units, each with their own dedicated parking and patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced front yard. 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. The 3 residences are currently rented for $7,700 per month, and the commercial space is estimated to be able to rent for $2,300 per month, bringing the total gross rents possible on existing units to approximately $10,000 per month. The back 1/4-acre of the prope
| Field | Value |
|---|---|
| MLS # | CRPI26063326 |
| MLS Source | California Regional MLS |
| Days on Site | 27 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Fireplace | None |
| Laundry | In Laundry Room, Stacked Only |
| Cooling | None |
| Feature | Details |
|---|---|
| Roof | Composition |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Elementary District | Lucia Mar Unified |
| High School District | Lucia Mar Unified |
| Water | Other |
| HOA Fee | $0 |
| Zoning | GC |
Brenda Auer
Auer Real Estate Inc.
License #: 01984685
Phone: (805) 801-6694
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 245 Walnut St | $1,275,000 | 4 | 3 | 2,062 | Active |
| 333 York Ave | $1,297,500 | 4 | 4 | 2,568 | Active |
| 680 Matthew Way | $1,599,999 | 4 | 2/1 | 2,676 | PendingDoNotShow |
| 917 Printz | $1,250,000 | 3 | 2 | 2,095 | Active |
| 435 Ocean View Ave | $1,595,000 | 4 | 3 | 2,182 | Active |
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Brenda Auer, (805) 801-6694.