Log In/Sign Up
Your email has been sent.
1136 E Grand Ave 0.92 Acres of Residential Land Offered at $1,725,000 in Arroyo Grande, CA 93420
Executive Summary
THE OPPORTUNITY to purchase a rare combination: a fully renovated, income-producing home on nearly an acre, paired with genuine long-term development upside. The property holds 1 of only 90 vacation rental licenses permitted in the City of Arroyo Grande — fully transferable to the new owner — and previously held full entitlements for “East Grand Village,” a 24-unit two-bedroom condominium project plus 2 commercial units, making this a compelling hold for an owner-occupant, income investor, or developer alike.
Property Facts
| Price | $1,725,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Proposed Use | Multifamily | |
| No. Lots | 1 | Total Lot Size | 0.92 AC |
| Zoning | FOMU - Fair Oaks Mixed Use | ||
| Price | $1,725,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.92 AC |
| Zoning | FOMU - Fair Oaks Mixed Use |
1 Lot Available
Lot
| Price | $1,725,000 | Lot Size | 0.92 AC |
| Price Per AC | $1,872,557.53 |
| Price | $1,725,000 |
| Price Per AC | $1,872,557.53 |
| Lot Size | 0.92 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 077-113-016 | Improvements Assessment | $193,429 |
| Land Assessment | $910,261 | Total Assessment | $1,103,690 |
Property Taxes
Parcel Number
077-113-016
Land Assessment
$910,261
Improvements Assessment
$193,429
Total Assessment
$1,103,690
1 of 66
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1136 E Grand Ave