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505 11th Street

San Miguel, CA 93451

– beds
– baths
– sqft
7,500 sqft lot
2008 build
– on site

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.

Listed By CRMLS_CA / Craig Lieberman / Apartment Investment Specialis

Last checked: Checking… • Last updated Apr 21, 2025 •

MLS# V1-29452 —

The Building

Year Built:

2008
Year Built Source:

Other
Total Number Of Units:

5
# of Buildings:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Fireplace:

No
Fireplace:

None
Laundry:

In Closet
Laundry:

1

Location

Directions:

Located on the corner of 11th Street and N N Street
Latitude:

35.74891500
Longitude:

-120.69526900

The Property

Property Type:

Residential Income
Lot Features:

Sprinklers None
Lot Size Area:

7500.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7500.00
Lot Size Source:

Public Records
View:

None
Fencing:

Wood
Fence:

Yes
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

021291005

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Appliances:

Refrigerator, Gas Range
Included:

Yes

The Community

Subdivision:

Not Applicable
Subdivision:

Not Applicable
Features:

Street Lights, Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

7.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/21/25 Apr 21, 2025	Listed / Active	CRMLS_CA	$1,395,000	59.4% (9.4% / YR)
12/31/18 Dec 31, 2018		CRMLS_CA	$875,000	-2.2%
12/7/18 Dec 7, 2018		CRMLS_CA	$895,000

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This multifamily located in San Miguel, CA 93451 is currently for sale for $1,395,000. 505 11th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 4 days. This multifamily is in the attendance area of Paso Robles High School.

Listing Courtesy of: CRMLS_CA and Apartment Investment Specialis. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Apr 25.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.