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Sold for $400,000
  • Listed by: Mariani Realty • Robert Mariani • Contact: 805-459-2324
    Bought with: NextHome Central Coast
    $400,000

    414 Grand Ave, Arroyo Grande, CA 93420

    1beds
    592sqft
    Mixed Use
    Built in 1936
    6,534 Square Feet Lot
    $400,100 Zestimate®
    $676/sqft
    $2,381 Estimated rent

    Home value

    $400,100

    $372,000 - $428,000

    $2,381/mo

    Zestimate® history
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    What's special

    One-bedroom one-bath residence
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Mariani DRE #01374161 805-459-2324,

    Mariani Realty

    Bought with:

    Ben Tilbury, DRE #02026424

    NextHome Central Coast

    Source: CRMLS,MLS#: PI26041924MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Ceiling Fan(s), All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 592 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,534 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 006175006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Arroyo Grande

    Financial & listing details

    • Price per square foot: $676/sqft
    • Tax assessed value: $193,240
    • Annual tax amount: $2,064
    • Date on market: 2/25/2026
    • Cumulative days on market: 81 days
    • Listing terms: Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/19/2026Sold$400,000-10.9%$676/sqft
    Source: CRMLS #PI26041924 Report a problem
    5/18/2026Pending sale$449,000$758/sqft
    Source: CRMLS #PI26041924 Report a problem
    3/10/2026Price change$449,000-9.3%$758/sqft
    Source: CRMLS #PI26041924 Report a problem
    2/25/2026Listed for sale$495,000+2.1%$836/sqft
    Source: CRMLS #PI26041924 Report a problem
    2/3/2026Sold$485,000-7.6%$819/sqft
    Source: North Santa Barbara County MLS #25001970 Report a problem
    1/27/2026Pending sale$525,000$887/sqft
    Source: North Santa Barbara County MLS #25001970 Report a problem
    1/24/2026Contingent$525,000$887/sqft
    Source: CRMLS #PI25225747 Report a problem
    12/15/2025Price change$525,000-6.1%$887/sqft
    Source: North Santa Barbara County MLS #25001970 Report a problem
    10/17/2025Price change$559,000-1.8%$944/sqft
    Source: North Santa Barbara County MLS #25001970 Report a problem
    9/29/2025Listed for sale$569,000$961/sqft
    Source: North Santa Barbara County MLS #25001970 Report a problem
    9/22/2025Listing removed$569,000$961/sqft
    Source: North Santa Barbara County MLS #25001002 Report a problem
    9/5/2025Price change$569,000-4.4%$961/sqft
    Source: North Santa Barbara County MLS #25001002 Report a problem
    5/20/2025Listed for sale$595,000$1,005/sqft
    Source: North Santa Barbara County MLS #25001002 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,064 +3.3%$193,240 +2%
    2024$1,999 +1.2%$189,452 +2%
    2023$1,976 +1.5%$185,738 +2%
    2022$1,946 +0.2%$182,097 +2%
    2021$1,942 +1.2%$178,527 +1%
    2020$1,920 +0.7%$176,697 +2%
    2019$1,906 +1.2%$173,233 +2%
    2018$1,884 +1.7%$169,837 +2%
    2017$1,852 +5.9%$166,508 +2%
    2016$1,750 $163,244 +1.5%
    2015$1,750 $160,793
    Find assessor info on the county website

    Neighborhood: 93420

    Nearby schools

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