650 11th Street Active Save Request In-Person Tour Request Virtual Tour
San Miguel,CA 93451
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $392
MLS Listing ID CRPI24070264
Year Built 1950
Lot Size 0.500 Acres
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
Interior
Heating Wall Furnace,Propane
Laundry No Hookups
Exterior
View Trees/Woods,Other
Building
Lot Description Corner Lot,Level,Other,Back Yard,Flag Lot
Water Public