Property Details
About this Property
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
MLS Listing Information
MLS #
CRPI26063326
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
In Laundry Room, Stacked Only
Cooling
None
Exterior Features
Roof
Composition
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Lucia Mar Unified
High School District
Lucia Mar Unified
Water
Other
HOA Fee
$0
Zoning
GC
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
1220 1218 E Grand Ave is a Residential in Arroyo Grande, CA 93420. This 2,060 square foot property sits on a 0.498 Acres Lot and features 4 bedrooms & 4 full bathrooms. It is currently priced at $1,499,000 and was built in 1955. This address can also be written as 1220 1218 E Grand Ave, Arroyo Grande, CA 93420.
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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
