505 11th Street, Property Listing: MLS® #V1-29452

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.

505 11th Street, Property Listing: MLS® #V1-29452 Close
Page Summary
NEW
  • MLS® #: V1-29452
  • 505 11th Street
  • , CA 93451
  • $1,395,000
  • 0.17 Acres
  • Office: Apartment Investment Specialis

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.

Supplemental Remarks

Essential Information

  • MLS® #V1-29452
  • Listing Price$1,395,000
  • Original Listing Price$1,395,000
  • Date ListedApril 21st, 2025
  • Bathrooms0.00
  • Acres0.17
  • Lot Sq.Ft.7,500
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address505 11th Street
  • AreaSAN MIGUEL (93451)
  • CountySan Luis Obispo
  • StateCA
  • Zip Code93451

Amenities

  • PoolN/K

Interior

  • CoolingN/K

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on May 14th, 2025 at 5:38am PDT.