**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment???????????????????????????????????????? opportunity!
PI24072234
Single Family, Ranch, Ranch, 1 Story
4
San Luis Obispo
2 Full
1950
0.5
Acres
Public
1
Wood
Public Sewer
1,591
Sq. Ft.
Yes
Cable Available,Electricity Connected,Natural Gas Available,Propane,Phone Available,Sewer Connected,Water Connected,Overhead Utilities
School Information
San Miguel Joint Union
Bathrooms
2
Total:2
Detailed Room Information
- Bedroom(s)
- Main Level: 2, Total: 4
- Laundry
- None
Interior Features
- Cooling
- None
- Heating
- Propane. Wall Furnace.
- Common Walls
- No Common Walls
- Doors/Windows
- Wood Frames
- Entry Location
- Front Door
- Fireplaces
- None.
- Accessibility
- Parking.
- Additional Interior Features
- Beamed Ceilings,Unfurnished,Unfinished Walls,All Bedrooms Down,Attic,Bedroom on Main Level
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Attached Carport,Covered,Driveway Level,Driveway,Gravel.
- Exterior
- Wood
- Patio
- Concrete,Covered,Front Porch
- Roof
- Asphalt
- Pool Description
- None
- Spa
- None
- Lot View
- Other, Trees/Woods
- Fence
- None
- Structural Condition
- Building Permit
- Additional Exterior/Lot Features
- 6-10 Units/Acre,Back Yard,Corner Lot,Flag Lot,Front Yard,Level,Rectangular Lot,Street Level,Value In Land,Yard.
Financial Considerations
021401008
Cash, Conventional
Arrows indicate 90 day trend
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