$650,000
Active
55 Days Online
4 Beds2 Baths1,591 SQFT
Active

650 11th Street San Miguel, CA 93451

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**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!

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountySan Luis Obispo
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site54 Days
  • MLS StatusActive
  • MLS ID NumberPI24072234
  • Home Size Source N/A
  • Year Built1950
  • Lot Size0.5 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Architectural Style Ranch
  • Parking Garage Spaces 0
  • Sewer Public Sewer
  • Terms CashConventional
  • Stories 1 Story

Interior Features

  • Additional Rooms Bedroom Entry LevelFinished AtticKitchenLiving RoomAll Bedrooms Down
  • Cooling N/K
  • Heating Propane
  • Equipment N/K

Exterior Features

  • Water Public
  • Pool N/K
  • Siding WoodConcrete
  • View NeighborhoodTrees/Woods
  • Roof Asphalt

Community Features

  • Accessibility Features Parking
  • Sales Restrictions Standard
  • Miscellaneous Value in Land
  • Spa N/K
  • Laundry Location N/K

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Monthly Payment (Est.)

$3,456
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