650 11th ST Active Save Request In-Person Tour Request Virtual Tour
San Miguel,CA 93451
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI24070264
Year Built 1950
Lot Size 0.500 Acres
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!
Location
State CA
County San Luis Obispo
Area Smig - San Miguel
Interior
Heating Propane,Wall Furnace
Fireplaces Type None
Laundry None
Exterior
Parking Features Attached Carport,Covered,Driveway Level,Driveway,Gravel
Fence Excellent Condition
Pool None
Community Features Biking
Utilities Available Cable Available,Electricity Connected,Natural Gas Available,Propane,Phone Available,Sewer Connected,Water Connected,Overhead Utilities
View Y/N Yes
View Neighborhood,Trees/Woods
Building
Lot Description 6-10 Units/Acre,Back Yard,Corner Lot,Flag Lot,Level,Rectangular Lot,Street Level,Value In Land,Yard
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard