San Miguel, CA 93451,346 12th
$649,000
Est. payment /mo
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1,388 SqFt
New

346 12th San Miguel, CA 93451

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,388 sqft

Price per Sqft $467

MLS Listing ID CRNS26006970

HOA Y/N No

Year Built 1942

Lot Size 5,227 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

Discover this prime multifamily gem in the charming, historic town of San Miguel, California - a growing community in San Luis Obispo County, right off Highway 101 for quick access to Paso Robles (just 10 miles south), world-class wine country, and the vibrant Central Coast. Zoned residential multifamily, this well-maintained property offers two fully remodeled units totaling just under 1,400 sq ft, both updated with modern finishes and ready for new owners or tenants. The main unit is a spacious 2-bedroom, 1-bath with contemporary upgrades and a generous utility room that's perfect for conversion into a third bedroom, home office, or extra storage. The second unit is a cozy 1-bedroom, 1-bath, also beautifully refreshed. The main 2-bedroom unit becomes vacant as of February 15, giving you the perfect opportunity to customize! This duplex has a solid history of strong, reliable rents and previously delivered a gross ROI just over 8% - standout performance compared to typical Central Coast multifamily cap rates around 5-6% in recent market data. With the upcoming vacancy, envision your options: Owner-occupy the larger main unit starting mid-February and rent the second for supplemental income to make your mortgage more affordable. Or re-rent both at current market rates for maximum

Location

State CA

County San Luis Obispo

Interior

Cooling Other

Flooring Vinyl

Fireplace No

Laundry Other

Building

Lot Description Front Yard

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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