650 11Th Street

San Miguel, CA 93451

PRICE REDUCED

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-$25,000 (-3.85%)

$625,000

List Price

4

bed Beds

2

shower Baths

1,591 sqft

straighten / sqft

1950

calendar_month Built

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!

Listing Information

List Price $625,000
Status Active
MLS PI24072234
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1950
Lot Size 21,780
Structure Size 1,591
DOM 124
Courtesy Of Invest SLO
Listing Agent Hannah Kraft DRE#02177746
Co-Listing Agent Abel Contreras DRE#02062620

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Additional Information
Additional Features Beamed Ceilings, Breakfast Area, Unfurnished, Unfinished Walls, All Bedrooms Down, Attic, Bedroom on Main Level
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Concrete, Covered, Front Porch
View Yes

Maps

Listing information courtesy of: Hannah Kraft, Abel Contreras, Invest SLO . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 20th, 2024 at 11:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.