$400,000
SOLD JUN 19, 2026
1 Bed
1 Bath
592 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: June 19, 2026

$676 Per Sq Ft

19% Below List Price

81 Days on Market

Highlights

  • No HOA
  • Living Room
  • No Heating
  • Ocean View Elementary School Rated A-
  • Ceiling Fan

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Robert Mariani

Mariani Realty Brokerage Phone: 805-459-2324 License #01374161 Listed on: 02/25/2026

Last Buyer's Agent

Benjamin Tilbury

NextHome Central Coast License #02026424

NextHome Central Coast

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 in unit
  • 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

Property Details

Home Type

Condominium

Year Built

Built in 1936

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 006175006
  • Year Built: 1936
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 592.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 675.68
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2026
Closed on
May 21, 2026
Sold by
Bought by
Seller's Agent
Robert Mariani
Mariani Realty
Buyer's Agent
Benjamin Tilbury
NextHome Central Coast
List Price
$495,000
Sold Price
$400,000
Premium/Discount to List
-$95,000
-19.19%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.23%
Original Mortgage
$300,000
Outstanding Balance
$299,722
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$142,366

Purchase Details

Listed on
Sep 29, 2025
Closed on
Jan 23, 2026
Sold by
Bought by
Seller's Agent
Michael Puhek
RE/MAX Success
Buyer's Agent
Angela Langston
Vintage Real Estate
List Price
$569,000
Sold Price
$485,000
Premium/Discount to List
-$84,000
-14.76%
Views
1380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.59%

Purchase Details

Closed on
Apr 20, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $400,000 Fidelity National Title
Grant Deed $485,000 Fidelity National Title
Grant Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2026 06/19/26 Sold $400,000 -10.9% $676 / Sq Ft
05/17/2026 05/17/26 Pending -- -- --
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
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,064 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI26041924

California Regional Multiple Listing Service (CRMLS)

APN: 006-175-006

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