650 11th Street, San Miguel CA, 93451

Active

650 11th Street

San Miguel CA, 93451

$650,000

$408.55 per sqft

Active

1,591 sqft

Residential

Built in 1950

Listed by Hannah Kraft with Invest SLO 805-295-2719

**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!

PI24070264

MLSⓇ ID

March 22, 2024

Listed

May 9, 2024

Updated

Map

650 11th Street
San Miguel CA, 93451

Interior Features

Total Stories: 1
Interior Features: Beamed Ceilings, Unfurnished, Unfinished Walls, All Bedrooms Down, Attic, Bedroom on Main Level
Laundry Description: None
Fireplace: Yes
Fireplace Description: None
Cooling: No
Heating: Yes
Heating Description: Propane, Wall Furnace

Exterior/Building Features

Lot Size: 0.5 Acres
Lot Features: 6-10 Units/Acre, Back Yard, Corner Lot, Flag Lot, Level, Rectangular Lot, Street Level, Value In Land, Yard
Architectual Style: Ranch
Sewer: Public Sewer

Other Property Details

Area Name: SMIG - San Miguel
Days on Market: 3
Garage: No
Parking: Attached Carport, Covered, Driveway Level, Driveway, Gravel
Parking Total: 0
View: Yes
View Description: Neighborhood, Trees/Woods
County: San Luis Obispo
Water Source: Public
Pool: No
Pool Features: None
Buyer Agency Compensation: 2.5%

Listing Contact: 805-295-2719

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 5/9/2024 at 3:08 PM UTC