650 11Th Street

San Miguel, CA 93451

PRICE REDUCED

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-$25,000 (-3.85%)

$625,000

List Price

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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 PI24070264
HOA $0
Type Residential Income
Subtype Single Family Residence
Year Built 1950
Lot Size 21,780
Structure Size N/A
DOM 230
Courtesy Of Invest SLO
Listing Agent Hannah Kraft DRE#02177746
Co-Listing Agent Abel Contreras DRE#02062620

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Additional Information
Additional Features Beamed Ceilings, Unfurnished, Unfinished Walls, All Bedrooms Down, Attic, Bedroom on Main Level

Exterior Information

Maps

Listing information courtesy of: Hannah Kraft, Abel Contreras, Invest SLO 805-478-0892. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 1:56 AM 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.