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$565,000

Est. payment - /mo

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4 Beds

2 Baths

1,591 SqFt

Price Dropped by $60K

650 11th ST San Miguel, CA 93451

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,591 sqft

Price per Sqft $355

MLS Listing ID CRPI24072234

Style Ranch

Bedrooms 4

Full Baths 2

Originating Board California Regional MLS

Year Built 1950

Property Sub-Type Single Family Home

Property Description

**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!

Location

State CA

County San Luis Obispo

Area Smig - San Miguel

Rooms

Dining Room Breakfast Nook

Kitchen None

Interior

Heating Wall Furnace , Propane

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features Carport , Covered Parking, Other

Fence None

Pool 31, None

Utilities Available Telephone - Not On Site, Propane On Site

View Local/Neighborhood, Forest / Woods

Roof Type 2

Building

Lot Description Flag Lot, Grade - Level

Story One Story

Foundation Concrete Slab

Water District - Public

Architectural Style Ranch

Others

Tax ID 021401008

Special Listing Condition Not Applicable

Listed by Hannah Kraft • Invest SLO

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321