Keegan Cin | Realtor® | License # DRE 01971604

Property

San Miguel, CA 93451 650 11th Street

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Presented By: Hannah Kraft with Invest SLO; 805-478-0892
  • MLS# PI24070264
  • 04/15/2024
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 1,591
  • Year Built • 1950

Home Details

**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!
Presented By: Hannah Kraft with Invest SLO; 805-478-0892

Interior Features for 650 11th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories1
Window FeaturesWoodFrames

Other Rooms

Entry Level1

General for 650 11th Street

AccessibilityParking
Additional Parcels Y/NNo
Architectural StyleRanch
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NYes
CitySan Miguel
Community FeaturesBiking
Construction MaterialsConcrete, Plaster, WoodSiding
CountySan Luis Obispo
DirectionsStart on US 101 S, take exit 239A for Mission St, continue onto Mission St, turn right onto 11th St, the destination will be on the right.
ElectricElectricityOnProperty
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront Door
Expected Active Date 2024-04-18
Facing DirectionNorth
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingPropane, WallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesBeamedCeilings, Unfurnished, UnfinishedWalls, AllBedroomsDown, Attic, BedroomOnMainLevel
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional
Lot Size Square Feet21780.0
Lot Size UnitsAcres
MLS AreaSMIG - San Miguel
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased0
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionBuildingPermit
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Trash Expense0.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasAvailable, Propane, PhoneAvailable, SewerConnected, WaterConnected, OverheadUtilities
ViewNeighborhood, TreesWoods
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated

Exterior for 650 11th Street

Building Area Total1591.0
Crops Included Y/NNo
FencingExcellentCondition
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre, BackYard, CornerLot, FlagLot, Level, RectangularLot, StreetLevel, ValueInLand, Yard
Lot Size Acres0.5
Lot Size Area0.5
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Covered, DrivewayLevel, Driveway, Gravel
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Keegan Cin

Team Lead
Price $565,000
MLS#PI24070264
List Date 04/15/2024
Property Type Multi-Family
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