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Sold for $475,000 on 05/12/25
  • Listing Provided by: 

    Hannah Kraft DRE #02177746 805-478-0892,

    Invest SLO,

    Abel Contreras DRE #02062620,

    Invest SLO

    $475,000

    650 11th St, San Miguel, CA 93451

    4beds
    1,591sqft
    Single Family Residence
    Built in 1950
    0.5 Acres Lot
    $475,200 Zestimate®
    $299/sqft
    $2,218 Estimated rent

    What's special

    **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!

    Zillow last checked: 7 hours ago

    Listing updated: May 13, 2025 at 10:42am

    Listing Provided by:

    Hannah Kraft DRE #02177746 805-478-0892,

    Invest SLO,

    Abel Contreras DRE #02062620,

    Invest SLO

    Bought with:

    Stacia Shepherd, DRE #01973212

    eXp Realty of Greater Los Angeles, Inc.

    Source: CRMLS,MLS#: PI24072234MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Propane, Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Beamed Ceilings, Breakfast Area, Unfurnished, Unfinished Walls, All Bedrooms Down, Attic, Bedroom on Main Level
    • Windows: Wood Frames
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,591 sqft

    Property

    Parking
    • Parking features: Attached Carport, Covered, Driveway Level, Driveway, Gravel
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Patio & porch: Concrete, Covered, Front Porch
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood, Trees/Woods
    Lot
    • Size: 0.50 Acres
    • Features: 6-10 Units/Acre, Back Yard, Corner Lot, Flag Lot, Front Yard, Level, Rectangular Lot, Street Level, Value In Land, Yard
    Details
    • Parcel number: 021401008
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Plaster, Wood Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Building Permit
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Propane, Phone Available, Sewer Connected, Water Connected, Overhead Utilities

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: San Miguel

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability