414 E Grand AVE Active

Arroyo Grande,CA 93420

$ 1995000

6 Beds

4 Baths

3358 SqFt


Key Details

Property Type Single Family Home

Sub Type Other Residential

Listing Status Active

Purchase Type For Sale

Square Footage 3,358 sqft

Price per Sqft $594

MLS Listing ID CRPI24189686

Bedrooms 6

Full Baths 4

Originating Board California Regional MLS

Year Built 1936

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. 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 find the charming Village of Arroyo Grande, home to fantastic restaura

Location

State CA

County San Luis Obispo

Area Arrg - Arroyo Grande

Interior

Cooling None

Fireplaces Type None

Laundry 38

Exterior

Garage Garage,Other

Garage Spaces 2.0

Pool 31,None

View Hills

Roof Type Shingle

Building

Lot Description Grade - Level,Paved

Water District - Public

Others

Tax ID 006175006

Special Listing Condition Not Applicable

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