270 Walnut St

Arroyo Grande, CA 93420
  • $959,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,470

    SqFt

About the Listing SL1129 - SL02035157,sl01267325

Zoned Multifamily! Located in the heart of Arroyo Grande, this versatile property offers a rare opportunity featuring a primary residence and a detached guest unit on an expansive 20,954 sq ft lot, delivering space, flexibility, and strong long-term upside potential. The main home features 2 bedrooms and 1 bathroom, along with an attached 1-car garage. The residence is well-maintained and offers a functional floor plan with a comfortable flow between living areas. Interior highlights include hardwood flooring, abundant natural light from large windows, and a spacious living room centered around a freestanding wood-burning stove, creating a warm and inviting atmosphere. The kitchen and dining areas connect seamlessly to the main living space, providing practical everyday functionality. The exterior presents clean curb appeal with an updated window package and a well-kept front yard. The large, level lot offers exceptional usability and flexibility for outdoor living, entertaining, expansion, or future improvements. A detached guest unit includes 1 bedroom and 1 bathroom, offering excellent versatility for rental income, extended family, or a private workspace. This additional unit significantly enhances the property’s overall utility and value proposition. Set on nearly half an acre, the property’s oversized lot is one of its most compelling features, providing ample room for potential enhancements, outdoor amenities, or future development opportunities subject to local zoning and regulations. Overall, this property combines livability with strong upside potential. It is move-in ready while still offering clear opportunities for customization and value-add improvements. The combination of a primary home, detached guest unit, and large usable lot makes this a standout opportunity for both owner-occupants and investors seeking flexibility and long-term growth.

Listing Highlights

Status Pending
Days on Site 34
Property Type Residential
MLS ® SC26046363
Year Built 1954
Total Square Footage 1,470
Lot/Acreage 0.48

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: Gas,Living Room
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: All Bedrooms Down
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Front Yard,Rectangular Lot,Street Level,Yard,No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Zoning: MF
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 077181030
  • Tax Year: N/A

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Questions About..

270 Walnut St Arroyo Grande, CA 93420

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Originating MLS: CRMLS

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