
Arroyo Grande, California 93420
Analysis of 750 Calle Bendita, Arroyo Grande, California 93420 is currently available with a list price of $899,000. 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 1942, this 80+ year old residence is explicitly described as being in disrepair and likely requires cash or non-traditional financing. While there are signs of partial interior updates, specifically a newer walk-in shower and recessed lighting, the overall property shows significant deferred maintenance, weathered exterior siding, and a yard filled with debris, suggesting major systemic and structural rehab is needed.
The property’s industrial zoning on a one-acre lot is a scarce commodity in South County, offering significant flexibility for a contractor yard, workshop, or specialized business use.
The mostly flat, rectangular parcel features a residence positioned in the corner, preserving a large portion of usable land for future development, storage, or industrial expansion.
Tucked away with mature landscaping for natural privacy, the property remains conveniently located just minutes from the Village of Arroyo Grande and Nipomo.
The existing 1942 residence and outbuildings are in a state of disrepair, necessitating substantial capital investment for renovation or removal.
Given the property's condition and zoning, it likely requires cash or non-traditional financing, which may restrict the buyer pool and complicate the acquisition process.
Rare opportunity to own an industrial-zoned 1-acre property with an existing home in South Arroyo Grande, just minutes from the Village and Nipomo. This mostly flat, rectangular parcel is set back from the road, with the residence situated in the northeast corner, leaving the majority of the acre open and usable. Whether you're an investor, contractor, business owner, automobile enthusiast, or someone looking for space, this unique property presents the opportunity to maximize the potential of its industrial zoning. Bring your ideas for a workshop, equipment storage, or other industrial-related uses and explore the possibilities of this property! The home is in need of repair while offering the benefit of an existing residence on an industrial-zoned parcel. Due to the property's condition, cash or non-traditional financing may be required. Buyers are encouraged to contact the County of San Luis Obispo Planning & Building Department to verify permitted uses, future development potential, and applicable zoning requirements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,632 | 2,434.5 |
| Lot Size | 44,530 | 19,593.3 |
| Price | $899.0K | $1.15M |
| Price per sq ft | $551 | $545 |
| Built year | 1942 | 1997 |
| HOA | $0 | $152 |
| Days on market | 11 | 49 |
Jul 11, 2026
$899,000
Initial Listing