346 12th, San Miguel, CA 93451
346 12th, San Miguel, CA 93451
346 12th, San Miguel, CA 93451
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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Karlie Montgomery • Luxton Real Estate
$579,000
Est. payment /mo
1,388 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,388 sqft

Price per Sqft $417

Subdivision San Miguel

MLS Listing ID NS-26006970

Year Built 1942

Lot Size 5,227 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

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 cash flow in this desirable area. This is your chance to own a turnkey, updated duplex in a community with strong growth potential — ideal for owner-occupants building equity with rental help, multigenerational families, or investors seeking solid income and appreciation. Schedule a private showing today to see the possibilities. Contact your agent for details, updated financials, or to tour this exceptional property.

Location

State CA

County San Luis Obispo

Area Smig - San Miguel

Interior

Heating Ductless

Flooring Vinyl

Fireplaces Type None

Laundry Gas & Electric Dryer Hookup

Exterior

Parking Features Driveway

Garage Spaces 1.0

Pool None

Community Features Rural

Utilities Available Sewer Connected, Water Connected, Electricity Connected

Building

Lot Description Front Yard

Sewer Public Sewer

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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