346 12th, San Miguel, CA 93451 - Photo 1 of 20, San Miguel, CA
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$619,000

346 12th, San Miguel, CA 93451

3Beds
2Baths
1,388Sq Ft
2Parking
1942Built
50Days Listed

Listed by Karlie Montgomery, Luxton Real Estate | 805-391-0241 | MLS# NS26009747

About This Property

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 thats 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. Dont wait the February 15th v

Property Details

Property Type
Attached
Bedrooms
3
Bathrooms
2
Building Area
1,388 Sqft
Living Area
1,388 sqft
Year Built
1942
Stories
1.0
Status
Active
Original Price
$649,000
MLS Number
NS26009747

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Last updated: Feb 13, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$619,000