Property Details
About this Property
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. 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 find the charming Village of Arroyo Grande, home to fantastic restaura
MLS Listing Information
MLS #
CRPI24189686
MLS Source
California Regional MLS
Days on Site
94
Interior Features
Fireplace
None
Cooling
None
Exterior Features
Roof
Shingle
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
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
414 E Grand Ave is a Residential in Arroyo Grande, CA 93420. This 3,358 square foot property sits on a 0.43 Acres Lot and features 6 bedrooms & 4 full bathrooms. It is currently priced at $1,995,000 and was built in 1936. This address can also be written as 414 E Grand Ave, Arroyo Grande, CA 93420.
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This listing information is up-to-date as of November 01, 2024. For the most current information, please contact Michael Puhek
