105 Le Point Street, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 2 bed, 2 bath
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Arroyo Grande, California 93420
Analysis of 105 Le Point Street, Arroyo Grande, California 93420 is currently available with a list price of $1,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Arroyo Grande Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1961, this property is marketed primarily for its land value and development potential rather than the condition of the existing structure. The listing's emphasis on 'building your dream home' or 'splitting the lot,' combined with the 'bring your ideas' call to action, indicates that the 1,200 sqft home is significantly outdated and requires substantial rehabilitation or replacement to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24000, living area = 1200.
The expansive 24,000+ sqft lot offers significant investment upside with the potential to split the parcel or construct multiple units in a highly sought-after historical area.
Situated just one block from historic downtown Arroyo Grande, the property offers the rare combination of urban walkability and a private, rural atmosphere.
Built in 1961, the existing 1,200 sqft structure may require extensive modernization or a complete rebuild to align with contemporary luxury expectations.
The $1.25M price point reflects the land's development value, which may be a drawback for buyers seeking a move-in-ready home without the need for additional construction capital.
Prime Village property. This 2 bedroom 2 bath home is private on over 1/2 acre. Build your dream home or split the lot and build 2 homes with additional units. This charming home has hardwood floors. Featuring a highly desired location a block from downtown Arroyo Grande yet the size of the lot gives it a very rural feel. Panoramic views of the valley from the home and views of the ocean from the top of the lot. Two lots and one APN. Bring your ideas to this wonderful spacious property in the historical village of Arroyo Grande!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,200 | 1,998 | 8% |
| Lot Size | 24,000 | 10,101 | 73% |
| Price | $1.25M | $1.15M | 64% |
| Price per sq ft | $1.0K | $541 | 96% |
| Built year | 1961 | 1990 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 169 | 17% |
Jan 30, 2026
$1,250,000
Initial Listing