346 12th, San Miguel, CA 93451
346 12th, San Miguel, CA 93451
346 12th, San Miguel, CA 93451
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Listed by Karlie Montgomery, DRE #01905914 • Luxton Real Estate
$579,000
Est. payment /mo
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5,227 Sqft Lot
Price Dropped by $20K

346 12th San Miguel, CA 93451

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Adrian Chu

Adrian Chu

+1(206) 407-5452

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNS26006970

Year Built 1942

Lot Size 5,227 Sqft

Property Sub-Type Duplex

Source California Regional MLS

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 that's 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 ma

Location

State CA

County San Luis Obispo

Area Smig - San Miguel

Interior

Laundry 38

Exterior

Parking Features Other

Garage Spaces 1.0

Pool 31, None

Roof Type Concrete

Building

Story One Story

Foundation Concrete Slab

Water District - Public

Others

Tax ID 021281022

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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346 12th