Home | San Luis Obispo County | Arroyo Grande | 93420 | 1220 1218 E Grand Ave
MLS: CRPI26067088 | Status: Active | Price: $1,499,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 21,700 | 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 # | CRPI26067088 |
| MLS Source | California Regional MLS |
| Days on Site | 25 |
| Feature | Details |
|---|---|
| Cooling | None |
| Feature | Details |
|---|---|
| Roof | Composition |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Water | Other |
| HOA Fee | $0 |
Brenda Auer
Auer Real Estate Inc.
License #: 01984685
Phone: (805) 801-6694
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Ocean View Elementary School | public | K-6 | 0.23 mi | 9 |
| Harloe Elementary School | public | K-6 | 0.81 mi | 7 |
| Grover Beach Elementary School | public | K-6 | 0.95 mi | 6 |
| Fairgrove Elementary School | public | K-6 | 0.99 mi | 7 |
| Grover Heights Elementary School | public | K-6 | 1.16 mi | 6 |
| Arroyo Grande High School | public | 9-12 | 1.22 mi | 9 |
| Oceano Elementary School | public | K-6 | 1.41 mi | 7 |
| Paulding Middle School | public | 7-8 | 1.75 mi | 6 |
| Judkins Middle School | public | 7-8 | 2.71 mi | 6 |
| Mesa Middle School | public | 7-8 | 3.29 mi | 4 |
| Lopez Continuation High School | public | 9-12 | 3.81 mi | 2 |
| Lucia Mar Adult | public | UG | 3.81 mi | N/A |
| Pacific View Academy | public | K-12 | 3.90 mi | 3 |
| Branch Elementary School | public | K-6 | 4.41 mi | 10 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 590 S 6th | $1,419,000 | – | – | – | Active |
| 1234 Seabright | $1,275,000 | – | – | – | Active |
| 956 S 13th St | $1,295,000 | – | – | – | PendingDoNotShow |
| 363 N 5th St | $1,295,000 | – | – | – | Active |
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This listing information is up-to-date as of March 28, 2026. For the most current information, please contact Brenda Auer, (805) 801-6694.