Property profile

1191 Fair Oaks Ave Arroyo Grande, CA 93420

OFF-MARKET
Apartment buildings
Property ID
US09-2436624
6,944 SF 0.28 ac lot
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Construction WOOD
Total area 6,944 SF
Lot 0.28 ac (12,371 SF)
Zoning code R3
APN 077-272-052
UPID US09-2436624

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1191 Fair Oaks Ave Arroyo Grande, CA 93420-3843
Arroyo Grande metro Census 11904 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
$2.06M
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$2.49M

Owner & transaction history

since 2025
Last sale
$2.3M
3 recorded transactions
2025
Price N/A
2025
$2.3M
1995
Price N/A

Zoning & alternative use

R3 · Arroyo Grande, CA
Top alternative use upside
Restaurant $3.5M +35.7%
Commercial (general) $3.5M +34.4%
Auto repair, garage $3.2M +23.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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