1218 & 1220 E Grand AVE new

Arroyo Grande,CA 93420

$ 1679000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPI25091995

Year Built 1955

Lot Size 0.498 Acres

Property Sub-Type Fourplex

Property Description

1/2-acre Residential/Commercial mixed use property located on Grand Ave next to Chase bank, and directly across from Starbucks & Chipotle. Property is a long strip 70 ft wide by 310 ft long, with single ingress/egress directly off Grand Ave. At the front of the property, just along the pedestrian zone is an approximately 350 sq ft stand alone commercial unit with full bathroom and loft area, and an adjacent 1,000 sq ft paver parking/patio area. This space is currently setup as a home-style office and can potentially be utilized for a wide range of businesses activities, including but not limited to retail sales, food & beverage, lodging/vacation rental, and a variety of different services. Heading up the driveway are 3 residential units, each with their own dedicated parking and yard/patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced yard in the front. 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. All 3 residential units are rented fully furnished on a medium-long term basis, with the front t

Location

State CA

County San Luis Obispo

Area Arrg - Arroyo Grande

Interior

Laundry In Laundry Room,Stacked Only

Exterior

Pool None

View Ocean

Roof Type Composition

Building

Lot Description Grade - Gently Sloped

Story One Story

Water Other,District - Public

Others

Special Listing Condition Not Applicable

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