$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
- 288 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
HOA
No
Price History
08/13/2024
CRMLS #PI24072234
Price change
$625,000
-3.85%
04/18/2024
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: 01/30/2025 at 4:15 PM
Listing updated: 01/23/2025 at 4:11 PM
Listed by: Hannah Kraft, Invest SLO Phone #: (805) 295-2719
MLS: CRMLS #PI24072234
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