Built in 2008, the property shines with pride of ownership–from the sharp curb appeal and newer exterior paint to the solid roof and updated HVAC units. First impressions matter, and this one delivers–whether you’re an investor touring the site or a prospective tenant pulling up for the first time. Inside, the units continue to impress with upgraded finishes like custom wood cabinetry, modern countertops, and sleek kitchen and bath appliances. Each unit also includes in-unit laundry with stackable washer/dryers, a tenant favorite that adds everyday convenience. With everything in place and in excellent condition, maintenance needs are expected to be minimal, supporting long-term operational efficiency and strong returns. Unit mix is comprised of (3) 1-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom units.Seller financing available with 80% leverage and 5% interest-only payments for 5 years.
Property Details
Price:
$1,395,000
MLS #:
V1-29452
Status:
Active
Baths:
0
Address:
505 11th Street
Type:
Residential Income
Neighborhood:
smigsanmiguel
City:
San Miguel
Listed Date:
Apr 21, 2025
State:
CA
ZIP:
93451
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
2008
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnnMortgage Calculator
Schools
Interior
Appliances
Refrigerator, Gas Range
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Street Lights, Sidewalks
Fencing
Wood
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
Assigned
Parking Spots
7.00
Pool Features
None
Spa Features
None
View
None
Financial
Association Fee
0.00
Map
Community
- Address505 11th Street San Miguel CA
- AreaSMIG – San Miguel
- CitySan Miguel
- CountySan Luis Obispo
- Zip Code93451
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Courtesy of Apartment Investment Specialis. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.505 11th Street
San Miguel, CA
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