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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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617 Cornwall — Arroyo Grande — 3 Beds • 1 Bath • 1,696 Sq Ft | Belmont Brokerage

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$875,000

$516/ft²

617 Cornwall, Arroyo Grande, CA 93420

Property Description

Versatile Arroyo Grande property featuring a 3-bedroom, 1-bath main residence plus a permitted 1-bedroom, 1-bath ADU! The property offers approximately 1,696 sq. ft. of total living space on an approximately 6,250 sq. ft. lot. This unique configuration is ideal for multigenerational living, extended family, guests, or rental income. The main residence offers a comfortable, light-filled floor plan with attractive wood-look flooring throughout much of the home and a stone fireplace anchoring the living area. The kitchen opens to the living space and features ample cabinetry and counter space, a gas range, refrigerator, and window overlooking the yard. The permitted ADU provides a separate living space with its own kitchen, living area, bedroom, and bathroom—adding tremendous flexibility and income potential. Outside, brick walkways, established landscaping and garden areas provide inviting outdoor space with room to personalize. Conveniently located near shopping, dining, schools, Highway 101, and the many amenities of Arroyo Grande and the Central Coast. An additional opportunity may be available for qualified buyers to assume the seller's existing VA loan. Loan assumption is subject to lender/servicer and VA approval and applicable requirements. With two distinct living spaces, a permitted ADU, and the potential for favorable financing, 617 Cornwall Avenue offers a combination of flexibility and opportunity that's difficult to find. Call your Realtor for a showing today!!

Listing provided by: Darrel KullmanDRE #01257879805-215-9533 darrel@darrelkullman.com, Darrel Kullman, Broker

MLS #: PI26199566

FLIP & EXPANSION SIMULATORTHIN MARGIN

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$28K

+5.1% ROI

Rehab + Add$309K

Est. ARV$1276K

Est. Profit+$28K

Proj. ROI5%

Sqft to Add (Expansion / ADU)+400 sqft (2,096 total sf)

Remodel Rate (Existing Space)$140/sqft ($237K total)