181 N Elm Street

Arroyo Grande, CA
$ 1,950,000 Beds 0 Baths 0 Sq 1,749
Monthly Estimate* How much can I afford?

Arroyo Grande is a highly desirable area on the Central Coast. Located near Pismo State Beach, 101 freeway access, shopping centers, restaurants and more. In this area, housing is limited and rents are high. Excellent development opportunity! Exclusive Gateway Mixed-use Zoning. Complete project includes existing home which was recently updated. Potential $2500 monthly rental income while building. Home is 1749 sq ft, 2 large bedrooms with en-suite 2 full bathrooms. Brand new stainless steel appliances, new flooring and freshly painted interior, a fireplace in the living room, slider leading to a deck and a large 2 car garage. Plans include "shovel ready" approved 9 unit apartment complex and a mixed use building. Apartments are 1355 sq ft, 3 bedrooms, 2 bathrooms, 2 car garage with deck and 5 extra parking spaces. Phase 2 is a mixed-use building located on E Grand Ave. which includes an 1866 sq ft apartment above retail/office space. 9 parking spaces included. Existing commercial building currently rents for $750 per month. Verify with City of Arroyo Grande Planning Department. Adjacent half acre mixed use parcel is also for sale.

Commercial

  • Price
  • $ 1,950,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,749
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Arroyo Grande
  • County
  • SAN LUIS OBISPO
  • Style
  • Mixed Use
  • Area
  • Arroyo Grande
  • MLS#
  • PI20257223
  • Zip
  • 93420
Listing Provided by: Gena Isaacson with Isaacson Realty.

Features

General

Directions 101 Freeway to Brisco Rd. to Grand Ave. turn right, to Elm St. turn right. LHS
Listagentaor Pismo Coast
Listing Agent Gena Isaacson - BRE#01475903
Listing Agent State License 01475903
MLS Area ARRG - Arroyo Grande
Price Per Square Foot 1114.92
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard

Interior Features

Condo Area Unit Type Square Feet
Laundry Features Inside

Exterior Features

Building Area Total 1749.00
Land Use Multi-Family
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Oxnard, CA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/15/2020 Listed $1,950,000

Property vs Zip Code Average in 93420

Price
AVG $1.8M
$1.95M
Visits
AVG 41
3

Map

181 N Elm Street Arroyo Grande, CA is a Single Family Home for sale at $1950000 with 1749 sqft and a lot size of Acre(s). 181 N Elm Street Arroyo Grande has 0 bedrooms, 0 baths . The property's zip code is 93420 which is in Arroyo Grande, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.