Renovated Short-Term Rental Property with
For Sale
Contact for pricing
1136 East Grand Avenue, Arroyo Grande, CA 93420
Transferable vacation-rental license, accessory dwelling unit, gated access, and flexible parking support multiple occupancy options.
Property Size2,288 SF
Price / SF$721.15
Days on Market53
Property Features for 1136 East Grand Avenue
General Information
Standard status
Active
Size
2,288 SF
Property subtype
Multifamily, Mixed Use, Land
Zoning
Fair Oaks Mixed Use FOMU
Investment Type
Redevelopment
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Amenities
automatic sliding power gates
horseshoe-paver driveway
RV/boat storage
accessory dwelling unit (ADU)
Building Details
Year Built
1945
Year Renovated
2023
Buildings
2
Units
2
Tenancy
Multi
Listing Agency:
Acquire Mortgage and Real Estate
Listed By:
Levi Seligman · License #01936342
Source:
Crexi
Added: Aug 5
Changed: Sep 8
Last Checked: Sep 26 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acquire Mortgage and Real Estate
Investment Insights
Based on property information with market context.
Located in Arroyo Grande, this 1945 home has been renovated and includes an accessory dwelling unit. The property is situated on nearly an acre and holds one of the 90 vacation-rental licenses permitted in the city; that license transfers to the new owner.
Automatic sliding gates lead to a horseshoe-shaped paver drive with substantial parking capacity. A secondary entrance from Linda Drive provides space for storing RVs, boats, or other large items. The Fair Oaks Mixed Use FOMU zoning designation adds context for future planning, while the property was previously entitled for 24 two-bedroom condominiums and 2 commercial units.
Automatic sliding gates lead to a horseshoe-shaped paver drive with substantial parking capacity. A secondary entrance from Linda Drive provides space for storing RVs, boats, or other large items. The Fair Oaks Mixed Use FOMU zoning designation adds context for future planning, while the property was previously entitled for 24 two-bedroom condominiums and 2 commercial units.
Key Highlights
- Transferable vacation‑rental license; 1 of only 90 permitted in the city
- Nearly an acre in Arroyo Grande with a renovated 1945 home
- Accessory dwelling unit included for guests, extended stays, or rental income
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,297
Businesses Nearby
Explore this area
Business Placement
Demographics for 93420, CA
30,540
Population
13,823
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
197.4 sq mi
ZIP Area
155
Density / Sq Mi
$106,718
Median Household Income
$51,990
Median Earnings
$2,025
Median Rent
$872,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Transferable vacation-rental license, accessory dwelling unit, gated access, and flexible parking support multiple occupancy options.
Where is this short term rental property located?
The property is located at 1136 East Grand Avenue Arroyo Grande, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Transferable vacation‑rental license; 1 of only 90 permitted in the city; Nearly an acre in Arroyo Grande with a renovated 1945 home; Accessory dwelling unit included for guests, extended stays, or rental income
