346 12th, San Miguel, CA 93451
346 12th, San Miguel, CA 93451
346 12th, San Miguel, CA 93451
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$579,000
Est. payment /mo
3 Beds
2 Baths
1,388 SqFt
Save

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 $417

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. Schedule a private showing tod

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

Read Less Info
MLS Router / San Diego MLS
Listed by Karlie Montgomery, DRE#01905914 Luxton Real Estate 
Co-listed byNON LISTED OFFICE

MORTGAGE CALCULATOR

The rate, insurance and terms in the calculator are placeholders and should be adjusted to reflect current market and legislative changes.  
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

NEARBY SCHOOLS & PROPERTIES

Go tour this home

346 12th