San Miguel, CA 93451,346 12th
San Miguel, CA 93451,346 12th
San Miguel, CA 93451,346 12th
29
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$649,000
Est. payment /mo
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3 Beds
2 Baths
1,388 SqFt
Open Sat 11AM-1PM

346 12th San Miguel, CA 93451

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Mike Acker

Mike Acker

+1(619) 454-0620

Open House

Sat Jan 17, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,388 sqft

Price per Sqft $467

MLS Listing ID NS26009747

Bedrooms 3

Full Baths 2

Year Built 1942

Lot Size 5,227 Sqft

Property Sub-Type All Other Attached

Property Description

Discover this prime multifamily gem in the charming, historic town of San Miguel, California a growing community in San Luis Obispo County, right off Highway 101 for quick access to Paso Robles (just 10 miles south), world-class wine country, and the vibrant Central Coast. Zoned residential multifamily, this well-maintained property offers two fully remodeled units totaling just under 1,400 sq ft, both updated with modern finishes and ready for new owners or tenants. The main unit is a spacious 2-bedroom, 1-bath with contemporary upgrades and a generous utility room thats perfect for conversion into a third bedroom, home office, or extra storage. The second unit is a cozy 1-bedroom, 1-bath, also beautifully refreshed. The main 2-bedroom unit becomes vacant as of February 15, giving you the perfect opportunity to customize! This duplex has a solid history of strong, reliable rents and previously delivered a gross ROI just over 8% standout performance compared to typical Central Coast multifamily cap rates around 5-6% in recent market data. With the upcoming vacancy, envision your options: Owner-occupy the larger main unit starting mid-February and rent the second for supplemental income to make your mortgage more affordable. Or re-rent both at current market rates for maximum cash flow in this desirable area. This is your chance to own a turnkey, updated duplex in a community with strong growth potential ideal for owner-occupants building equity with rental help, multigenerational families, or investors seeking solid income and appreciation. Dont wait the February 15th v

Location

State CA

County San Luis Obispo

Direction From Mission Street, turn left on 12th

Interior

Flooring Linoleum/Vinyl

Fireplace No

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 021281022

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Karlie Montgomery Luxton Real Estate

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Mike Acker

Mike Acker

Agent | License ID: 01356721

+1(619) 454-0620

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346 12th

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