Excellent Opportunity for Investors to own this single-story, separately metered, Duplex property in beautiful Arroyo Grande! 1-bedroom & 1-bath on each side with 2 additional rooms in the converted garage space. Near schools, parks, restaurants, and shopping. Sited on a large 8,000+ Sq.Ft. lot! Please verify with the City of Arroyo Grande for zoning, expansion, ADU and lot split potential. Live in one side and rent the other or lease both and build your investment portfolio! Fixer in need of repairs, sold “As-Is”.
Sold for $520,000
Listed by: Victoria Mudge & Associates, I • Victoria Mudge • Contact: 805-975-8886
Bought with: Auer Real Estate Inc.
$520,000
592 Newman Dr, Arroyo Grande, CA 93420
2beds
2baths
1,200sqft
Duplex
Built in 1949
-- sqft lot
$672,700 Zestimate®
$433/sqft
$2,977 Estimated rent
Home value
$672,700
$612,000 - $740,000
$2,977/mo
Zestimate® history
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$3,276/mo
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Zillow last checked:
Listing updated:
Listed by:
Victoria Mudge DRE #01351357 805-975-8886,
Victoria Mudge & Associates, I
Bought with:
David Glass, DRE #01889332
Auer Real Estate Inc.
Source: CRMLS,MLS#: SC23121893
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Appliances
- Included: Gas Range
- Laundry: Washer Hookup, Laundry Room
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
Lot
- Size: 8,482 Square Feet
- Features: Back Yard, Cul-De-Sac, Front Yard
Details
- Parcel number: 006381004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- Fixer
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park
- Subdivision: West Of 101(1000)
Location
- Region: Arroyo Grande
Financial & listing details
- Price per square foot: $433/sqft
- Tax assessed value: $646,858
- Date on market: 7/7/2023
- Cumulative days on market: 24 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $520,000-25.6%$433/sqft |
Source:  CRMLS #SC23121893 Report a problem | ||
| 8/18/2023 | Pending sale | $699,000$583/sqft |
Source: CRMLS #SC23121893 Report a problem | ||
| 8/1/2023 | Contingent | $699,000$583/sqft |
Source: CRMLS #SC23121893 Report a problem | ||
| 7/8/2023 | Listed for sale | $699,000$583/sqft |
Source: CRMLS #SC23121893 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $646,858 +15.3% |
| 2025 | $5,994 +9.2% | $561,100 +7.9% |
| 2024 | $5,487 +1320.1% | $520,000 +1100.5% |
| 2023 | $386 +1.9% | $43,317 +2% |
| 2022 | $379 +0.6% | $42,468 +2% |
| 2021 | $377 +1.4% | $41,636 +1% |
| 2020 | $372 +1.1% | $41,210 +2% |
| 2019 | $368 +1.6% | $40,403 +2% |
| 2018 | $362 +2.1% | $39,612 +2% |
| 2017 | $354 +6.3% | $38,836 +2% |
| 2016 | $333 | $38,075 +1.5% |
| 2015 | $333 +5.5% | $37,504 +2% |
| 2014 | $316 | $36,770 +2.5% |
| 2012 | -- | $35,887 +2% |
| 2011 | -- | $35,185 +0.8% |
| 2010 | -- | $34,923 -0.2% |
| 2009 | -- | $35,007 +2% |
| 2008 | -- | $34,321 +2% |
| 2007 | -- | $33,649 +2% |
| 2006 | -- | $32,990 +2% |
| 2005 | -- | $32,344 +2% |
| 2004 | -- | $31,711 +1.9% |
| 2003 | -- | $31,131 +2% |
| 2002 | -- | $30,521 +2% |
| 2001 | -- | $29,923 |
Find assessor info on the county website
Neighborhood: 93420
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Nearby schools
GreatSchools rating
- 7/10Harloe Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10Paulding Middle SchoolGrades: 7-8Distance: 1.2 mi
- 9/10Arroyo Grande High SchoolGrades: 9-12Distance: 0.4 mi
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- California
- San Luis Obispo County
- Arroyo Grande
- 93420
- 592 Newman Dr
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