Mixed-Use Property with Residential
For Sale
$1,499,000
1220 1218 E Grand Avenue Arroyo, Arroyo Grande, CA 93420
Half-acre property combines three residences, a refinished commercial building, dedicated parking, patios, and rear expansion possibilities.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market156
Property Features for 1220 1218 E Grand Avenue Arroyo
General Information
Standard status
Active
Lot size
0.50 Acres
Property subtype
Mixed Use
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$92,400
Road Access
Yes
Amenities
common laundry room
RV hookups
Composition
Building Details
Year Built
1955
Stories
1
Listing Agency:
Auer Real Estate Inc.
(805) 801-6694
Listed By:
Brenda Auer · License #01310530
(805) 801-6694
Source:
Kw
Added: Mar 29
Changed: Aug 31
Last Checked: Aug 31 at 12:51AM
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 Auer Real Estate Inc.
Investment Insights
Based on property information with market context.
This 0.5-acre mixed-use property includes three residential units and a 350-square-foot commercial building positioned at the front of the parcel. The commercial space has been freshly refinished and includes a paver parking area. Residential improvements consist of one two-bedroom, one-bath home with a fenced front yard and stacked washer/dryer, plus two fully refinished one-bedroom, one-bath units. The rear residences each have covered patios, and the two smaller units share a common laundry room.
The back portion adds a large gravel parking area, a bonus structure with a wraparound lanai, RV hookups, storage, and a sizable yard. Ground-level ocean views are present from the upper portion of the property. Additional development or business-support uses may be possible in the rear area, including added residential units or a shop, subject to confirmation with the city. The property is located directly off Grand Ave and across from Starbucks.
The back portion adds a large gravel parking area, a bonus structure with a wraparound lanai, RV hookups, storage, and a sizable yard. Ground-level ocean views are present from the upper portion of the property. Additional development or business-support uses may be possible in the rear area, including added residential units or a shop, subject to confirmation with the city. The property is located directly off Grand Ave and across from Starbucks.
Key Highlights
- 0.5‑acre mixed‑use property with 3 residential units and 1 commercial unit
- 350 sq ft commercial building with freshly refinished interior and paver parking lot
- Residential mix includes one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,331
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Half-acre property combines three residences, a refinished commercial building, dedicated parking, patios, and rear expansion possibilities.
Where is this mixed-use property located?
The property is located at 1220 1218 E Grand Avenue Arroyo Arroyo Grande, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 0.5‑acre mixed‑use property with 3 residential units and 1 commercial unit; 350 sq ft commercial building with freshly refinished interior and paver parking lot; Residential mix includes one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
