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$625,000

Beds
4
Baths
2.0
sq ft
1,591

650 11th St, San Miguel, CA 93451

650 11th St

San Miguel, CA 93451

  • 219 days on market
    • Price drop $25,000↓
**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!

Details

Property type

Single Family Residence

Lot size

0.5 acres

Price per sq ft

$393

Year built

1950

Price History

08/13/2024
CRMLS

CRMLS #PI24072234

Price change
$625,000
-3.85%
04/18/2024
CRMLS

CRMLS #PI24072234

Listed
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Miguel Joint Union

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Status: Active

Tomo last checked: 11/23/2024 at 2:15 PM

Listing updated: 09/30/2024 at 11:52 AM

Listed by: Hannah Kraft, Invest SLO Phone #: (805) 295-2719

MLS: CRMLS #PI24072234

CRMLS logo

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