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540 16th San Miguel, CA 93451
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Key Details
Sold Price $135,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NS19249334
Sold Date 02/18/20
Construction Status Repairs Major
HOA Y/N No
Year Built 1940
Annual Tax Amount $245
Tax Year 2018
Lot Size 0.340 Acres
Lot Dimensions Assessor
Property Description
INVESTORS SPECIAL! Perfect project for a contractor wishing to build spec homes. Flat 14,600 square foot lot zoned RMF with two existing dwellings requiring major work. Potential for replacement permits to save lots of fees (check with county). Located in residential neighborhood with newer tract homes all around it. Also a great opportunity for an owner occupied situation to build a new home or install a manufactured home with FHA or VA financing with 0-3 ½% down for total project.
Historic town of San Miguel with post office, elementary school, library, several restaurants, small convenience stores and more. Close to Highway 101 for easy commute either north or south for work and shopping. This is a rapidly growing area with community events such as Sagebrush Days and the Christmas Light Parade. The San Miguel Mission along with many events such as arts and crafts fairs, car shows, sports events, parades and other seasonal events bring the community of young families together.
Location
State CA
County San Luis Obispo
Area Smig - San Miguel
Zoning RMF
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Garage, Tandem
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Military Land, Park
Total Parking Spaces 2
Private Pool No
Building
Lot Description Level
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Repairs Major
Others
Senior Community No
Tax ID 021152041
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Trust
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Bought with Alejandro De Alba • The Real Estate Company of Cambria