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Listed by Karlie Montgomery • Luxton Real Estate
$ 649,000
Est. payment /mo
Open Sat 11AM-1PM
346 12th San Miguel, CA 93451
3 Beds
2 Baths
1,388 SqFt
Open House
Sat Jan 17, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,388 sqft
Price per Sqft $467
MLS Listing ID CRNS26009747
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1942
Lot Size 5,227 Sqft
Property Sub-Type Detached
Source Datashare California Regional
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 that's 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
Location
State CA
County San Luis Obispo
Interior
Cooling Other
Flooring Vinyl
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Pool None
View None
Private Pool false
Building
Lot Description Back Yard
Story 1
Water Public
Schools
School District Paso Robles Joint Unified

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