Property Details
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 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 ma
MLS Listing Information
MLS #
CRNS26009747
MLS Source
California Regional MLS
Days on Site
17
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
In Laundry Room
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Elementary District
Paso Robles Joint Unified
High School District
Paso Robles Joint Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
346 12th is a Single Family Residence in San Miguel, CA 93451. This 1,388 square foot property sits on a 5,227 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $649,000 and was built in 1942. This address can also be written as 346 12th, San Miguel, CA 93451.
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This listing information is up-to-date as of January 18, 2026. For the most current information, please contact Karlie Montgomery
