421 Cornwall Avenue

Arroyo Grande, CA 93420

$735,000
Price
3
Beds
2
Baths
1,859 Sq. Ft.
$395 / Sq. Ft.
1,859
Sq. Ft.
$395
per Sq. Ft.

Description

Welcome to this lovely home in the heart of Arroyo Grande. Perfectly positioned within walking distance of the charming village of Arroyo Grande, this home is in close proximity to restaurants and shopping. This home would be the perfect investment property, with a main home and additional ADU (Accessory Dwelling Unit) on site. The main residence features 2 bedrooms and 1 bathroom, while the ADU offers an additional bedroom and bathroom. This property is perfect for those seeking a comfortable living...Welcome to this lovely home in the heart of Arroyo Grande. Perfectly positioned within walking distance of the charming village of Arroyo Grande, this home is in close proximity to restaurants and shopping. This home would be the perfect investment property, with a main home and additional ADU (Accessory Dwelling Unit) on site. The main residence features 2 bedrooms and 1 bathroom, while the ADU offers an additional bedroom and bathroom. This property is perfect for those seeking a comfortable living arrangement along with excellent rental potential.

Listing Agents

  1. Maddie Talley

    Maddie Talley

    Listing Agent

    Compass

    DRE #02206298

    maddie.talley@compass.com

    P: (805)-709-4215

  2. Chrissy Bewley

    Chrissy Bewley

    Alternative Listing Agent

    Compass

    DRE #02070091

Property Details for 421 Cornwall Avenue

View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Gas
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1859
LISTING UPDATED: 11/14/2024 12:49 AM

Property Details for 421 Cornwall Avenue

StatusActive Under Contract
MLS #PI24157169
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.14 AC / 6,000 SF
CountySan Luis Obispo County

Building Information for 421 Cornwall Avenue

Stories1Residences-Year Built1956Building Size-Lot Size0.14 AC / 6,000 SF

Property Information for 421 Cornwall Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $55,200
  • Gross Scheduled Income: $55,200
  • Net Operating Income: $800
Expense Details
  • Operating Expense: $800
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $800
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $800
Tax / Assessment Info
  • Tax Block: 5
  • Tax Census Tract: 119.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 25-28
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Refrigerator
  • Equipment: None, Refrigerator
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Gas
Exterior Features
  • Window Features: Blinds
  • Roof: Shingle
  • Entry Location: Front of home
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Builders Tract Name: West of 101
  • Builders Tract Code: West of 101(1000)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 421 Cornwall Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 421 Cornwall Avenue

Taxable ValueLand$348,464Additions$182,272Total$530,736
Tax Record2024$5,526 ($461 / month)
Home Facts
Total Finished SqFt1,859 SqFtAbove Grade Finished SqFt1,859 SqFtLot Size6,000 SqFtStyleOffice BuildingYear Built1956ZoningHCCountySAN LUIS OBISPOAPN006-175-021

Schools near 421 Cornwall Avenue

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ocean View Elementary School
PublicK to 6

Paulding Middle School
Public7 to 8

Arroyo Grande High School
Public9 to 12

Lopez Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Maddie Talley, DRE #02206298; Compass, Chrissy Bewley, DRE #02070091

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.