414 E Grand Ave Arroyo Grande, CA 93405
Highlights
- No HOA
- Living Room
- Ceiling Fan
- Ocean View Elementary School Rated A-
- Laundry Room
- No Heating
About This Home
Positioned in the heart of Arroyo Grande’s vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue—the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean—the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property’s long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside—while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.
Listing Agent
Mariani Realty Brokerage Phone: 805-459-2324 License #01374161 Listed on: 02/25/2026
Property Details
Home Type
- Condominium
Year Built
- Built in 1936
Lot Details
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 2nd floor
- Mixed Use
Interior Spaces
- 592 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- No Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 5 / 5
- Assessor Parcel Number 006175006
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,999 | $193,240 | $175,692 | $17,548 |
| 2024 | $1,976 | $189,452 | $172,248 | $17,204 |
| 2023 | $1,976 | $185,738 | $168,871 | $16,867 |
| 2022 | $1,946 | $182,097 | $165,560 | $16,537 |
| 2021 | $1,942 | $178,527 | $162,314 | $16,213 |
| 2020 | $1,920 | $176,697 | $160,650 | $16,047 |
| 2019 | $1,906 | $173,233 | $157,500 | $15,733 |
| 2018 | $1,884 | $169,837 | $154,412 | $15,425 |
| 2017 | $1,852 | $166,508 | $151,385 | $15,123 |
| 2016 | $1,750 | $163,244 | $148,417 | $14,827 |
| 2015 | $1,735 | $160,793 | $146,188 | $14,605 |
| 2014 | $1,672 | $157,644 | $143,325 | $14,319 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | Price Changed | $449,000 | -9.3% | $758 / Sq Ft | |
| 02/25/2026 02/25/26 | For Sale | $495,000 | +2.1% | $836 / Sq Ft | |
| 02/03/2026 02/03/26 | Sold | $485,000 | -7.6% | $814 / Sq Ft | View Prior Sale |
| 01/19/2026 01/19/26 | Pending | -- | -- | -- | |
| 12/15/2025 12/15/25 | Price Changed | $525,000 | -6.1% | $881 / Sq Ft | |
| 10/17/2025 10/17/25 | Price Changed | $559,000 | -1.8% | $938 / Sq Ft | |
| 09/29/2025 09/29/25 | For Sale | $569,000 | -- | $955 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $485,000 | Fidelity National Title | |
| Grant Deed | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI26041924
APN: 006-175-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.