Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.
Welcome to this lovely home in the heart of Arroyo Grande. Perfectly positioned within walking distance of the charming village of Arroyo Grande, this home is in close proximity to restaurants and shopping. This home would be the perfect investment property, with a main home and additional ADU (Accessory Dwelling Unit) on site. The main residence features 2 bedrooms and 1 bathroom, while the ADU offers an additional bedroom and bathroom. This property is perfect for those seeking a comfortable living arrangement along with excellent rental potential.
The median home value in Arroyo Grande, CA is $829,000. This is higher than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in Arroyo Grande, CA is $829,000. Approximately 59.85% of Arroyo Grande homes are owned, compared to 31.95% rented, while 8.2% are vacant. Arroyo Grande real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Arroyo Grande real estate agent to arrange a tour today!
Arroyo Grande, California has a population of 18,422. Arroyo Grande is more family-centric than the surrounding county with 28.12% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Arroyo Grande, California is $90,405. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Arroyo Grande is 46.7 years.
The average high temperature in July is 72.7 degrees, with an average low temperature in January of 42.9 degrees. The average rainfall is approximately 19.5 inches per year, with 0 inches of snow per year.