San Miguel, CA 93451,505 11th Street
San Miguel, CA 93451,505 11th Street
San Miguel, CA 93451,505 11th Street
12
$1,295,000
$1,395,000
7.2%
Est.Price: ?

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5 BD
4 BA
7,500 Sqft Lot

505 11th Street San Miguel, CA 93451

Est. payment /mo
SOLD DATE : 05/16/2025

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Key Details

Sold Price $1,295,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-29452

Bedrooms 5

Lot Size 7,500 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Built in 2008, the property shines with pride of ownership--from the sharp curb appeal and newer exterior paint to the solid roof and updated HVAC units. First impressions matter, and this one delivers--whether you're an investor touring the site or a prospective tenant pulling up for the first time. Inside, the units continue to impress with upgraded finishes like custom wood cabinetry, modern countertops, and sleek kitchen and bath appliances. Each unit also includes in-unit laundry with stackable washer/dryers, a tenant favorite that adds everyday convenience. With everything in place and in excellent condition, maintenance needs are expected to be minimal, supporting long-term operational efficiency and strong returns. Unit mix is comprised of (3) 1-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom units.Seller financing available with 80% leverage and 5% interest-only payments for 5 years.
Built in 2008, the property shines with pride of ownership--from the sharp curb appeal and newer exterior paint to the solid roof and updated HVAC units. First impressions matter, and this one delivers--whether you're an investor touring the site or a prospective tenant pulling up for the first time. Inside, the units continue to impress with upgraded finishes like custom wood cabinetry, modern countertops, and sleek kitchen and bath appliances. Each unit also includes in-unit laundry with stackable washer/dryers, a tenant favorite that adds everyday convenience. With everything in place and in excellent condition, maintenance needs are expected to be minimal, supporting long-term operational efficiency and strong returns. Unit mix is comprised of (3) 1-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom units.Seller financing available with 80% leverage and 5% interest-only payments for 5 years.

Location

State CA

County San Luis Obispo

Area San Miguel (93451)

Zoning Other

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Sidewalks

Others

Acceptable Financing Cash, Seller May Carry

Space Rent $1,800

Listing Terms Cash, Seller May Carry

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San Diego Regional MLS (SDMLS)
Listed by Craig Lieberman • Apartment Investment Specialis
Bought with Garry Eberhardt • Keller Williams West Ventura County

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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