Price Reduction
Address
1148 E Grand Avenue Arroyo Grande, CA
Price
$ 1,575,000
Property Attributes
  • MLS#PI17145047
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CityArroyo Grande
  • AreaArroyo Grande
  • Zip93420
  • StyleMixed Use
  • Price$ 1,575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
Listing Provided Courtesy Of:
Saira Moore with Jem Properties.
Property Description

Situated near down town Arroyo Grande, close to Shopping center and a quick 10 min drive to the Pismo outlets. This Property is a cash cow , income producing investment. With three residential units with a individual garages, laundry facilities, and parking renting is a breeze. All three units are occupied and have had recent rent increases. A Commercial unit that serves three main tenants and several sublets makes for money in your pocket. This property has a spacious court yard that separates the triplet and Commercial unit from the back residential unit that has it's own detached office space, laundry facilitates and work shed.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/11/2017 Listed $1,800,000
7/11/2017 3% - $1,750,000
7/18/2017 4% - $1,690,000
9/7/2017 6% - $1,590,000
10/18/2017 1% - $1,575,000

General Features

Current Financing Conventional
Listagentstatelicense 01948994
Listing Agent Saira Moore - BRE#01948994
MLS Area ARRG - Arroyo Grande
Number of Units Leased 7
Price Per Square Foot 262.50
Property SubType Mixed Use
Property Type Commercial Sale
Security Features 24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit TV
Special Listing Conditions Standard
Total Units 7
Utilities Cable Available, Phone Available, Sewer Connected, Water Connected
Zoning Multiuse

Interior Features

Condoareaunits Square Feet
Heating Wall Heater
Heating Y/N 1
Laundry Features In Garage, Washer Hookup

Exterior Features

Building Area Total 6000.00
Carport Spaces 3.00
Fenceyn 1
Land Use Multi-Family
Lot Size Source Assessor
Number of Buildings 3
Roof Composition
Total Parking 19.00
Uncoveredspaces 16.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93420

Price
AVG $1.67M
$1.58M
Visits
AVG 7
3
Year Built
AVG 1985
1959
Walkscore
AVG 67
72

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