748 Garrett Ln Arroyo Grande, CA 93420
Callender NeighborhoodEstimated payment $10,766/month
Highlights
- Open Floorplan
- Corner Lot
- Neighborhood Views
- Main Floor Bedroom
- No HOA
- Open to Family Room
About This Home
Large industrial building + two single family homes. Positioned on 1.42 acres in a highly accessible Arroyo Grande location, this industrial/mixeduse 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 Agent
Invest SLO Brokerage Phone: 805-540-9333 License #02152275 Listed on: 08/07/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1940
Lot Details
- No Common Walls
- Rectangular Lot
- Back Yard
- Density is 2-5 Units/Acre
- 913000522
- Value in Land
Parking
- 1 Car Garage
- Up Slope from Street
Home Design
- Entry on the 1st floor
- Mixed Use
Interior Spaces
- 10,506 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Family Room Off Kitchen
- Living Room
- Dining Room
- Neighborhood Views
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms | 4 Main Level Bedrooms
- Bathroom on Main Level
- 4 Full Bathrooms
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Suburban Location
Utilities
- Central Heating
- Propane
- Well
- Water Heater
- Conventional Septic
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Legal Lot and Block 20 / A
- Assessor Parcel Number 091341011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | -- | -- | -- |
| 2024 | -- | -- | -- | -- |
| 2023 | -- | -- | -- | -- |
| 2022 | -- | -- | -- | -- |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Price Changed | $1,700,000 | -6.8% | $162 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $1,825,000 | -- | $174 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25170181
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.