$650,000 Price Analysis   ♡   San Miguel, CA 93451 4 bed 2 bath 1,591 SqFt ($408/SqFt) 0.5 acre lot. Built 1950 Listed 2024-04-18, Taxes $448 | ✓ USDA Eligible near San Miguel, CA |
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 car e (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 loction 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 unlimited possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
Presented by Hannah Kraft at
Invest SLO.
Property MLS #PI24072234 from CRMLS
Bedrooms On Main Level: 2
Full Bathrooms: 2
Bathrooms On Main Level: 1
Bathroom 1 Features: Shower, Exhaust fan(s), Remodeled, Tile Counters
Copper Plumbing Partial
Unfinished Walls
Unfurnished
Window Features: Wood Frames
Heating: Yes
Lot Size Acres: 0.5
Lot Size Source: Assessor
Lot Size Square Feet: 21780
Map directions Map directionsCounty: San Luis Obispo
Directions: Start 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.
Source Property Type: Residential
Area: SMIG - San Miguel
Source Neighborhood: SMIG - San Miguel
Parcel Number: 021401008
Postal Code Plus 4: 9126
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $27,694 + $7,788 $35,482 | $448 |
| 2021 | $27,151 + $7,636 $34,787 | $440 |
| 2020 | $26,873 + $7,558 $34,431 | $436 |
| 2019 | $26,347 + $7,410 $33,757 | $429 |
| 2018 | $25,831 + $7,265 $33,096 | $421 |
| 2017 | $25,325 + $7,123 $32,448 | $461 |
| 2016 | $24,829 + $6,984 $31,813 | $453 |
| 2015 | $24,457 + $6,880 $31,337 | $445 |
| 2014 | $23,978 + $6,746 $30,724 | $429 |
| 2013 | $23,870 + $6,716 $30,586 | $436 |
| 2012 | $23,402 + $6,585 $29,987 | $426 |
| 2010 | $22,944 + $6,456 $29,400 | $420 |
| 2009 | $22,828 + $6,424 $29,252 | $416 |
| 2009 | $22,773 + $6,408 $29,181 | $416 |
| 2008 | $22,381 + $6,299 $28,680 | $411 |
| 2007 | $21,943 + $6,176 $28,119 | $407 |
$650,000
CRMLS
Listed 2024-04-18
$650,000
CRMLS
Year Built: 1950
Common Walls: No Common Walls
Construction Materials: Concrete, Plaster, Wood Siding
Direction Faces: North
Entry Level: 1
Entry Location: Front Door
Foundation Details: Slab
Living Area Source: Seller
Property Age: 74
Property Condition: Building Permit
Roof: Asphalt
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
House Style: Ranch
Year Built Source: Estimated
Sewer: Public Sewer
Cable Available
Electricity Connected
Natural Gas Available
Phone Available
Propane
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.