1220 E Grand Avenue, Arroyo Grande, CA 93420

• 4 beds
• 2,060 sqft

Property Description

1/2-acre Mixed-Use property with 3 residential units and 1 commercial unit located directly off Grand Ave in the heart of Arroyo Grande. Property is a long strip 70 ft wide and the length of a football field. At the front of the property, directly across the street from Starbucks, is a 350 sq ft commercial building with paver parking lot. This space has been freshly refinished and can potentially be utilized for a wide range of businesses activities including retail, food & beverage, office space, personal services, or even lodging. Heading up the driveway are 3 residential units, each with their own dedicated parking and patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced front yard. 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. The 3 residences are currently rented for $7,700 per month, and the commercial space is estimated to be able to rent for $2,300 per month, bringing the total gross rents possible on existing units to approximately $10,000 per month. The back 1/4-acre of the property feels like

Listing Status:

Active

Date Added:

March 28, 2026

Data Last Updated:

April 17, 2026 at 5:08AM

Listing Office:

Auer Real Estate Inc. : 805-801-6694

Listing Agent:

Brenda Auer : 805-801-6694

MLS ID:

CRPI26067088

Interior

• Laundry: Laundry RoomOther
• A/C: No Air Conditioning

Exterior

• General: Garden
• Parking: Parking spaces: 0

Location

• HOA Amenities: 0.0
• County: San Luis Obispo

Lot

• Zoning: GC077101020
• View: OceanView
• Fencing: Chain LinkWood

Utilities

• Utilities: Water/Sewer See Remarks