414 E Grand Ave, Arroyo Grande, CA 93420 - View 1
414 E Grand Ave, Arroyo Grande, CA 93420 - View 2
414 E Grand Ave, Arroyo Grande, CA 93420 - View 3
414 E Grand Ave, Arroyo Grande, CA 93420 - View 4
414 E Grand Ave, Arroyo Grande, CA 93420 - View 5
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414 E Grand Ave, Arroyo Grande, CA 93420

List Price: $595,000On Market FlagOn market
Mar 21, 2025592 sqft1 beds1 baths
Listed by: Michael Puhek
License #: 01441759
Phone #: 805-481-9800
RE/MAX Success
Source:
CRMLS Logo
MLS #: PI25062348

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“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.”

TurboHome Fair Market Estimate

TurboHome

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$/sqftValuation
HouseCanary$1181/sqft$698,900

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

SUBJECT
414 E Grand Ave, Arroyo Grande, CA 93420

414 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

COMPARABLE
Choose comps
426 Crown Hill St, Arroyo Grande, CA 93420

426 Crown Hill St, Arroyo Grande, CA 93420

Sale: $725,000

12/10/20240.77 mi

Area:624 sqft
Price/sqft:$1,162
Beds:2
Baths:1
Year Built:
Weight:60.7%
1762 Tierra Nueva Ln, Oceano, CA 93445

1762 Tierra Nueva Ln, Oceano, CA 93445

Sale: $485,000

8/30/20241.49 mi

Area:840 sqft
Price/sqft:$577
Beds:2
Baths:1
Year Built:
Weight:39.3%

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