Home | San Luis Obispo County | San Miguel | 93451 | 346 12th
MLS: CRNS26009747 | Status: Active | Price: $599,000
Beds/Baths: 3 / 2
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 3 | 2 | 1,388 | 5,227 | 1942 |
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
| Field | Value |
|---|---|
| MLS # | CRNS26009747 |
| MLS Source | California Regional MLS |
| Days on Site | 77 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Fireplace | None |
| Laundry | In Laundry Room |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
| Elementary District | Paso Robles Joint Unified |
| High School District | Paso Robles Joint Unified |
| HOA Fee | $0 |
Karlie Montgomery
Luxton Real Estate
License #: 01905914
Phone: –
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Lillian Larsen Elementary School | public | K-8 | 0.45 mi | 7 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1445 L St | $529,000 | 4 | 3 | 1,760 | PendingDoNotShow |
| 1620 Aldo | $625,000 | 4 | 2 | 1,634 | Contingent |
| 1620 Verde | $645,000 | 3 | 2 | 1,744 | PendingDoNotShow |
| 8835 Kennedy Lane | $599,000 | 3 | 2 | 1,218 | Active |
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Karlie Montgomery.