San Miguel, CA 93451,505 11th Street
Listed by Craig Lieberman • Apartment Investment Specialis
Bought with Garry Eberhardt • Keller Williams West Ventura County

$1,295,000

Est. payment /mo

$1,395,000

7.2%
Est.Price: ?

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505 11th Street San Miguel, CA 93451

7,500 SqFt

SOLD DATE : 05/16/2025

Key Details

Sold Price $1,295,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $172

MLS Listing ID CRV1-29452

Year Built 2008

Lot Size 7,500 Sqft

Property Sub-Type Other

Property Description

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.

Location

State CA

County San Luis Obispo

Interior

Heating Wall Furnace

Cooling None

Laundry Laundry Closet

Exterior

View None

Building

Lot Description Other

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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