650 11th Street, San Miguel

$650,000

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4 Beds
2 Baths
1,591 Sqft
½ Acre
0 Garage

**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!

Essential Information

MLS® #
PI24072234
Price
$650,000
Bedrooms
4
Bathrooms
2.00
Full Baths
2
Square Footage
1,591
Acres
0.50
Year Built
1950
Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Status
Active

Community Information

Address
650 11th Street
Area
SMIG - San Miguel
City
San Miguel
County
San Luis Obispo
Zip Code
93451
Community Features
Biking
Senior Community
N

Amenities

View
Neighborhood, Trees/Woods
Pool
None

Utilities

Cable Available, Electricity Connected, Natural Gas Available, Propane, Phone Available, Sewer Connected, Water Connected, Overhead Utilities

Parking

Attached Carport, Covered, Driveway Level, Driveway, Gravel

Garages

Attached Carport, Covered, Driveway Level, Driveway, Gravel

Interior

Heating
Propane, Wall Furnace
Cooling
None
Fireplaces
None
# of Stories
1
Stories
One

Interior Features

Beamed Ceilings, Unfurnished, Unfinished Walls, All Bedrooms Down, Attic, Bedroom on Main Level

Exterior

Exterior
Concrete, Plaster, Wood Siding
Windows
Wood Frames
Roof
Asphalt
Construction
Concrete, Plaster, Wood Siding
Foundation
Slab

Lot Description

6-10 Units/Acre, Back Yard, Corner Lot, Flag Lot, Front Yard, Level, Rectangular Lot, Street Level, Value In Land, Yard

School Information

District
San Miguel Joint Union

Additional Information

Date Listed
March 22nd, 2024
Days on Market
23

Listing Details

Agent
Hannah Kraft
Office
Invest SLO

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Hannah Kraft - Invest SLO

Based on information from California Regional Multiple Listing Service, Inc. as of May 11th, 2024 at 3:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.