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Listed by Michael Puhek • RE/MAX Success
$ 1,849,000
Est. payment | /mo
6 Beds
4 Baths
3,358 SqFt
$ 1,849,000
Est. payment | /mo
6 Beds
4 Baths
3,358 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,358 sqft
Price per Sqft $550
MLS Listing ID CRPI24254431
Bedrooms 6
Full Baths 4
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1936
Lot Size 0.430 Acres
Property Sub-Type Detached
Property Description
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. ALL THREE PARCELS TOTAL LOT SIZE OF 0.43 ACRES = 18,731 SQUARE FEET). 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
Location
State CA
County San Luis Obispo
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
View Mountain(s)
Private Pool false
Building
Lot Description Level, Other, Street Light(s)
Story 2
Water Public
Schools
School District Lucia Mar Unified
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