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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $579,000

AD Id : 90960662

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

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Flooring Information

    Vinyl
  • Interior Features

    AllBedroomsDown
    Laundry Features: LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: Ductless Has Cooling: Yes Cooling: Ductless

  • Building Information

    Year Built: 1942
    Stories: 1
    Patio And Porch Features: None
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5227 Lot Size Acres: 0.12 Lot Size Source: Assessor Lot Size Square Feet: 5,227 Lot Description: BackYard

  • Listing Price Information

    Listing Price: $579000
    Original Price: $649000
    CashToNewLoan

  • Tax Information

    Parcel Number: 021281022 Tax Lot: 30 Tax Block: 59

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: From Mission Street, turn left on 12th WaterSource: Public
Sell a home like this and save $34,241 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Crisipin Ave, San Miguel, CA, 93451 $585,000 4 2 1,519 4,356 Sqft
70331 Vineyard Canyon Rd., San Miguel, CA, 93451 $729,000 4 2 1,724 8.70 Acres
76846 Ranchita Canyon R.., San Miguel, CA, 93451 $875,000 4 2 2,081 41.19 Acres
80020 Eva, San Miguel, CA, 93451 $1,200,000 3 3 2,650 435,600 Sqft
76601 Ranchita Canyon, San Miguel, CA, 93451 $1,050,000 3 3 2,211 435,600 Sqft
6130 Buckhorn Ridge, San Miguel, CA, 93451 $1,498,000 4 3 2,629 435,600 Sqft
6172 Hawk Ridge Place, San Miguel, CA, 93451 $1,795,000 4 4 3,531 435,600 Sqft
77517 Lowes Canyon Road, San Miguel, CA, 93451 $899,000 3 3 2,566 5,321,290 Sqft
1876 Rancho Lomas Way, San Miguel, CA, 93451 $835,000 4 3 2,432 10 Acres
3470 Ranchita Cyn Rd, San Miguel, CA, 93451 $2,295,000 3 3 2,600 80 Acres

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/04/2026 @ 08:49

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

Homes around $579,000

Selling? Save $34,241 when you sell a home like this

Tour with a ByOwner Agent