748 Garrett Ln

Arroyo Grande, CA 93420
  • $1,825,000

    Price
  • 4

    Bed
  • 5

    Bath
  • 10,506

    SqFt

About the Listing PI3339 - pi02152275,pi02062620

Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixed-use property presents an exceptional opportunity for investors or owner-users. Just minutes from both Pismo Beach and Nipomo’s commercial core, the site offers excellent visibility and easy access to areas along the Central Coast. The industrial/commercial portion of the property encompasses approximately 7,464 square feet of industrial space, currently home to a long-standing, locally operated welding and metal fabrication business. The seller is open to leasing back the industrial portion, allowing for immediate rental income with a stable commercial tenant in place. In addition to the industrial component, the property features two income-generating residences. The first is a site-built home offering a spacious layout with 1 bedroom, 1.5 bathrooms, and 1,482 sqft with potential for two additional rooms with closet additions. A private fenced yard and detached structure for storage adding flexibility to the space. The second residence is a, 3-bedroom, 2-bathroom, 1,560sqft manufactured home that has been upgraded with new flooring, granite countertops, and vaulted ceilings. A detached four-bay garage and a newer roof (installed just three years ago) further enhance the property's appeal. With strong rental history, a desirable location, and a unique mix of commercial and residential components, this property is well-suited for investors seeking steady cash flow or buyers looking for live-work flexibility. Reach out today to explore the possibilities this dynamic property offers.

Listing Highlights for 748 Garrett Ln

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® PI25170191
Year Built 1940
Total Square Footage 10,506
Lot/Acreage 1.42

Interior Details

  • Bedrooms: 4
  • Bathrooms: 5 Full
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
  • Air Cond:
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: All Bedrooms Down,Bedroom on Main Level
  • Water: Well

Exterior Details

  • Lot Description: 2-5 Units/Acre,Back Yard,Corner Lot,Rectangular Lot,Sloped Up,Value In Land,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 10
  • Zoning: IND
  • Roof: Shingle
  • Others: 2+ Total Units
  • Sewer: Septic Tank
  • Parking Features: Asphalt,Driveway Level,Driveway,Garage,Paved,Private,RV Potential,RV Access/Parking,Workshop in Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 091341011
  • Tax Year: N/A

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748 Garrett Ln Arroyo Grande, CA 93420

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Originating MLS: CRMLS

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