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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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346 12th San Miguel, CA 93451
$579,000 3 beds, 2 baths
1, 388 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

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. Schedule a private showing today to see the possibilities. Contact me for details, updated financials, or to tour this exceptional property.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# NS26009747
List price is $579,000 Reduced by $20,000 on 9/3/2026
HOA Fee is $0.00
Beds: 3
Baths: 2 (2 full)
None fireplaces
Built in 1942
1,388 sqft
1 story
0.12 acres
Lot size: 0.1200
County: San Luis Obispo
Interior features: All Bedrooms Down
Lot description: Back Yard
Heating/cooling: Ductless
Heating description: Ductless
MLS area: SMIG - San Miguel

Last Updated: 9/3/2026

 Find more San Miguel homes and real estate

 Find more homes in 93451 zip code

This listing belongs to the SMIG - San Miguel MLS area

Lat/Long: 35.750063, -120.697400.
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Listing Agent: Karlie Montgomery
Lic#: 01905914
Broker: Courtesy of Luxton Real Estate

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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