346 12th, San Miguel, CA 93451
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
346 12th,San Miguel, CA 93451
$599,000
- 3 Beds
- 2 Baths
- 1,388 sq. ft.
- Multi-family
- Active
Listed by: karlie montgomery
Office: luxton real estate
MLS#:CRNS26006970
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$599,000
- Price per sq. ft.:$431.56
About this home
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...
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Home facts
- Year built:1942
- Listing ID #:CRNS26006970
- Added:99 day(s) ago
- Updated:April 23, 2026 at 02:45 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Flooring:Vinyl
- Living area:1,388 sq. ft.
Structure and exterior
- Year built:1942
- Building area:1,388 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Front Yard
- Exterior Features:Front Yard
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$431.56
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