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1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420
1191 Fair Oaks Avenue Arroyo Grande CA 93420

1191 Fair Oaks AvenueArroyo Grande, CA 93420Price: $2,475,000

  • Price: $2,475,000
  • Est. Mortgage of $/month
  • 74 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Apr 24, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,475,000List Price
  • 0.28Acreage
Price improvement on a fantastic investment opportunity for a well located 8 unit apartment complex in Arroyo Grande. Only 4 short blocks to Grand Avenue shopping district, across the street from the Soto Sports Complex and park, just down the street from Harloe Elementary School and very close to both Arroyo Grande High School and Dignity Health Medical Center. Great performing asset with very strong rental history. Rarely available income property in great Central Coast neighborhood. Well maintained property, professionally managed and stable tenants. Each unit includes 2 bedrooms, 1.5 bathrooms, fully equipped eat-in kitchen, one carport parking space and one uncovered on-site parking space. Five of the units have their own private rear patio area. There is abundant street parking as well. Below market rents and on-site laundry facilities provide additional upside for such a rare offering. Ideal 1031 investment and great value at only $309,000 per unit. Please Do not disturb Tenants.
Listed by Bryan Friedman of Berkshire Hathaway Home Servic (805-704-7080)

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Based on information submitted to CRMLS as of April 28, 2025 9:52 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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