650 11Th Street, San Miguel, CA 93451 - Berkshire Hathaway HomeServices California Properties

**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!

Property type: Single Family Residence (Single Family)

Status: Active

MLS# PI24072234

List price is $565,000 Reduced by $60,000 on 3/18/2025

HOA Fee is $0.00

Beds: 4

Baths: 2 (2 full)

None fireplaces

Built in 1950

1,591 sqft

1 story

0.50 acres

Lot size: 0.5000

County: San Luis Obispo

Property style: Ranch

Construction: Concrete,Plaster,Wood Siding

Interior features: Beamed Ceilings,Breakfast Area,Unfurnished,Unfinished Walls,All Bedrooms Down,Attic,Bedroom on Main Level

Parking description: Attached Carport,Covered,Driveway Level,Driveway,Gravel

Lot description: SixToTenUnitsAcre,Back Yard,Corner Lot,Flag Lot,Front Yard,Level,Rectangular Lot,Street Level,Value In Land,Yard

Heating/cooling: None

Heating description: Propane,Wall Furnace

MLS area: SMIG - San Miguel

Last Updated: 3/18/2025

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This listing belongs to the SMIG - San Miguel MLS area

The style of this listing is Ranch.
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Lat/Long: 35.748360, -120.693796.
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Listing Agent: Hannah Kraft
Co Listing Agent: Abel Contreras
Lic#: 01234982
Office Name: Mission Viejo

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: