Active

346 12th

San Miguel, CA 93451
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

SqFt1,388

Sqft

SqFt5,227

Sqft(Lot)

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 yo u 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 me for details, updated financials, or to tour this exceptional property.

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Detail Ic Property Details

Property Type : Residential

Price : $599,000

AD Id : 74213210

MLS Id : NS26009747

Beds : 3

Lot Size : 5,227 Sqft

Living Area Size : 1,388

Year Built : 1942

Garage : 2

County : San Luis Obispo

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: All Bedrooms Down Fireplace: None Flooring: Vinyl
  • Cooling Features

    Ductless Air Conditioning

    Heating Source

    Ductless Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1942
  • Pool Features

    None

    Laundry Features

    Laundry Room

    Patio And Porch

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.12
  • Lot Size Source: Assessor Lot Size Square Feet: 5227

  • Listing Price Information

    Original List Price: 599,000 Listing Contract Date: 2026-01-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 021281022

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: SMIG - San Miguel Directions: From Mission Street, turn left on 12th Source Property Type: Residential Area: SMIG - San Miguel Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 84 Common Walls: 1 Common Wall Structure Type: Single Family Residence Year Built Source: Public Records Total Square Feet Living: 1388 Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1 Structure Type: House
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Crisipin Ave, San Miguel, CA, 93451 $585,000 4 2 1,519 1,519 SqFt
76846 Ranchita Canyon R.., San Miguel, CA, 93451 $985,000 4 2 2,081 2,081 SqFt
76870 Barker Road, San Miguel, CA, 93451 $969,000 4 2 2,177 2,177 SqFt
6130 Buckhorn Ridge, San Miguel, CA, 93451 $1,575,000 4 3 2,629 2,629 SqFt
2245 Rancho Lomas Way, San Miguel, CA, 93451 $989,000 3 1 2,260 2,260 SqFt
77517 Lowes Canyon Road, San Miguel, CA, 93451 $899,000 3 2 2,566 2,566 SqFt
3470 Ranchita Cyn Rd, San Miguel, CA, 93451 $2,295,000 3 3 2,600 2,600 SqFt
8283 Cross Canyons Road, San Miguel, CA, 93451 $3,300,000 5 4 6,780 6,780 SqFt
7310 Estrella Road, San Miguel, CA, 93451 $3,250,000 3 1 952 952 SqFt
1470 Mission Street, San Miguel, CA, 93451 $895,000 -- -- 5,510 5,510 SqFt

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ByOwner last updated this listing 06/05/2026 @ 10:34

MLS: NS26009747 LISTED BY: Karlie Montgomery, Luxton Real Estate 805-391-0241 SOURCE: CRMLS

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