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346 12th
For Sale $619,000
$619,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 5,227 Sq Ft
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. Don’t wait — the February 15th vacancy is your window for flexibility! Schedule a private showing today to see the possibilities. Contact your agent for details, updated financials, or to tour this exceptional property.
This is a rare chance to own a turnkey, income-producing duplex in a community with strong upside potential — ideal for investors seeking cash flow, appreciation, and the lifestyle of Central Coast living.
Don’t miss out — schedule your showing today and secure this solid performer in a town that’s quietly thriving! Contact us for more details, financials, or to tour this exceptional property.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $619,000 |
| Property Type | Single Family Homes |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 1 spots |
| Year Built | 1942 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 021281022 |
| MLS # | NS26006970 |
| Property ID | 322509924 |
| Lot Sqft | 5,227 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 48 |
| Original List Price | $649,000 |
| Date Updated | February 02, 2026 |
| Date Created | January 12, 2026 |
Listing Provided By
Karlie Montgomery an agent of . Lic #01905914
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT