Property Description
This property includes a one-bedroom, one-bath house with mixed-use commercial zoning. It is situated on the front portion of a 0.15-acre lot, which can accommodate approximately eight parking spaces. Located in a vibrant trade district, this property is positioned on Grand Avenue, the main artery connecting Arroyo Grande to Grover Beach and the Pacific Ocean. Just a short walk over the 101 freeway to the east, you’ll find the charming Village of Arroyo Grande, known for its fantastic restaurants, unique shops, and welcoming community. According to City Planning, this site is ideal for mixed-use development. It’s a fantastic opportunity for investors or developers. While future plans are in progress, buyers can benefit from rental income. The broad zoning allows for numerous possibilities.
(Additional Opportunity: This property can be purchased in conjunction with two adjacent properties: 418 E Grand Ave. (APN: 006-175-005) and 422 & 422 1/2 E Grand Ave. (APN: 006-175-020) See listing numbers PI25062830 and PI25062840 for more details. Together, these properties offer a total of 0.43 acres with four mixed-use zoned houses across three parcels in the heart of Arroyo Grande.)
All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for conducting all due diligence and verifying intended uses with the city’s Building and Planning Department.
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TurboHome Fair Market Estimate
TurboHome Savings
$12,042
TurboHome Estimated Value
$698,900
$1,181 sqft
High Valuation
$733,845
$1240/sqft
Normal Valuation
$698,900
$1181/sqft
Low Valuation
$663,955
$1122/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $1181/sqft | $698,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$485K
$595K
$725K
1762 Tierra Nueva Ln, Oceano, CA 93445
Sale Price: $485,000
Selected Comparable
414 E Grand Ave, Arroyo Grande, CA 93420
List Price: $595,000
Subject Property
426 Crown Hill St, Arroyo Grande, CA 93420
Sale Price: $725,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT414 E Grand Ave, Arroyo Grande, CA 93420
List: $595,000
Listed: 3/21/2025
Area:592 sqft
Price/sqft:$1,005
Beds:1
Baths:1
Year Built:—
Lot Size:6,534
Comparable Properties
COMPARABLEChoose comps
426 Crown Hill St, Arroyo Grande, CA 93420
Sale: $725,000
12/10/2024 • 0.77 mi
Area:624 sqft
Price/sqft:$1,162
Beds:2
Baths:1
Year Built:—
Weight:60.7%
1762 Tierra Nueva Ln, Oceano, CA 93445
Sale: $485,000
8/30/2024 • 1.49 mi
Area:840 sqft
Price/sqft:$577
Beds:2
Baths:1
Year Built:—
Weight:39.3%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
414 E Grand Ave, Arroyo Grande, CA 93420 | $595,000 | 592 | $1,005 | 6,534 | — | 3/21/2025 | 1 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
426 Crown Hill St, Arroyo Grande, CA 93420 | $725,000 | 624 | $1,162 | 5,200 | 0.77 mi | 12/10/2024 | 2 | 1 | — | 60.7% | |
1762 Tierra Nueva Ln, Oceano, CA 93445 | $485,000 | 840 | $577 | 1,920 | 1.49 mi | 8/30/2024 | 2 | 1 | — | 39.3% |
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