418 E Grand Ave Arroyo Grande, CA 93420
2
Beds
1
Bath
935
Sq Ft
6,098
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Rectangular Lot
- Ocean View Elementary School Rated A-
- Ceiling Fan
About This Home
As of May 2025This property includes a two-bedroom, one-bath house with mixed-use commercial zoning. There is a large additional storage room adjacent to the laundry room with its own separate entrance. It is situated on the front portion of a 0.15-acre lot, offering space for approximately seven parking spaces. Situated in a prominent trade district, this property is in a highly desirable location on Grand Avenue, the main artery connecting Arroyo Grande to Grover Beach and the Pacific Ocean. Just a short walk east over the 101 freeway leads to the charming Village of Arroyo Grande, known for its fantastic restaurants, local shops, and vibrant community atmosphere. According to City Planning, this site is ideal for mixed-use development. It’s an excellent opportunity for investors or developers. While planning for the property’s future, buyers can continue collecting rental income. The broad zoning allows for numerous possibilities.(Additional Opportunity: This property can be purchased alongside two adjacent properties: 414 E Grand Ave. (APN: 006-175-006) and 422 & 422 1/2 E Grand Ave. (APN: 006-175-020) See listing numbers PI25062348 and PI25062840 for more details. Combined, these properties provide 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 confirming intended uses with the city’s Building and Planning Department.
Last Agent to Sell the Property
RE/MAX Success Brokerage Phone: 805-459-1627 License #01441759 Listed on: 03/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,358
Year Built
- Built in 1952
Lot Details
- No Common Walls
- Level Lot
Home Design
- Mixed Use
Interior Spaces
- 935 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Driveway
- Paved Parking
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 3 / 5
- Assessor Parcel Number 006175005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2025
Closed on
Apr 21, 2025
Sold by
W & A Properties Llc
Bought by
Nguyen Danny and Le Hong
Seller's Agent
Michael Puhek
RE/MAX Success
Buyer's Agent
Gina Perrault
Blair Properties
List Price
$725,000
Sold Price
$709,000
Premium/Discount to List
-$16,000
-2.21%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$696,158
Outstanding Balance
$694,378
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$18,217
Purchase Details
Closed on
Apr 20, 2017
Sold by
Achadjian Khatchik Hratchia and Achadjian Araxie Hovsep
Bought by
W & A Properties Llc
Similar Homes in Arroyo Grande, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $709,000 | Fidelity National Title | |
| Grant Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $696,158 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $709,000 | -2.2% | $758 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | For Sale | $725,000 | -- | $775 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,358 | $227,989 | $175,692 | $52,297 |
| 2024 | $2,331 | $223,520 | $172,248 | $51,272 |
| 2023 | $2,331 | $219,138 | $168,871 | $50,267 |
| 2022 | $2,296 | $214,842 | $165,560 | $49,282 |
| 2021 | $2,292 | $210,630 | $162,314 | $48,316 |
| 2020 | $2,266 | $208,471 | $160,650 | $47,821 |
| 2019 | $2,249 | $204,384 | $157,500 | $46,884 |
| 2018 | $2,222 | $200,377 | $154,412 | $45,965 |
| 2017 | $2,186 | $196,449 | $151,385 | $45,064 |
| 2016 | $2,065 | $192,598 | $148,417 | $44,181 |
| 2015 | $2,048 | $189,706 | $146,188 | $43,518 |
| 2014 | $1,973 | $185,991 | $143,325 | $42,666 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Puhek
Seller's Agent in 2025
Michael Puhek
RE/MAX
(805) 459-1627
12 in this area
100 Total Sales
-
Gina Perrault
Buyer's Agent in 2025
Gina Perrault
Blair Properties
(805) 598-9774
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25062830
APN: 006-175-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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