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1140 -1148 E Grand Avenue — Arroyo Grande | Belmont Brokerage | Belmont Brokerage

Active

$1,399,000

13 DOM

— bd— ba— sqft

Call

1140 -1148 E Grand Ave Arroyo Grande, CA 93420

18,199sqft lot

This prime mixed-use investment opportunity is located on the main commercial corridor of Arroyo Grande. The property spans approximately 6,000 square feet and boasts a strong mix of residential and commercial units, with 100% occupancy, ensuring immediate and stable cash flow. It is ideally situated with excellent visibility, easy access to Highway 101, and ample on-site parking. The property is surrounded by established businesses, including Nova Coffee and Adventist Health. Offered at $1,499,000 with a 6.92% cap rate, this is a turnkey asset in one of the Central Coast’s most sought-after locations.

MLS SC26070309

805-703-0999 (Office) 805-439-4733 (Cell) rod@trujillo-group.com

Est. payment

$8,939/mo

Principal & interestTaxesInsurance

$7,074$1,457$408

Down %

Rate %

Years

Down payment: $279,800 · Total cost: $2,826,478

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$8,939/mo

Principal & interest: $7,074
Est. property tax: $1,457
Est. insurance: $408
Down payment: $279,800

Est. gross rent$5,829/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,110/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 1, 2026	$1,499,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,499,000 (−$100,000)

Structure & Property

Year Built1959

805-703-0999 (Office) 805-439-4733 (Cell) rod@trujillo-group.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1140 -1148 E Grand Avenue, Arroyo Grande, CA 93420

Get Directions

Call

1140 -1148 E Grand Ave Arroyo Grande, CA 93420

About this home

Rodney Trujillo

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Rodney Trujillo

Sale & Tax History

No Recent Sales History

Location

1140 -1148 E Grand Avenue, Arroyo Grande, CA 93420

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1140 -1148 E Grand Ave Arroyo Grande, CA 93420

About this home

Rodney Trujillo

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Rodney Trujillo

Sale & Tax History

No Recent Sales History

Location