1425 Mission Street

San Miguel, CA 93451

$650,000
Last Sold Price
2
Beds
3
Baths
3,200 Sq. Ft.
$203 / Sq. Ft.
3,200
Sq. Ft.
$203
per Sq. Ft.

Description

Don't miss this fantastic opportunity to own a mixed-use, 3 unit, income producing property in the heart of downtown San Miguel! The lower level is currently leased as a successful pizza restaurant with a fully functional kitchen, large dining room, and fully equipped restroom. Upstairs are 2 residential units, both 1 bedroom, 1 bathroom with full kitchens, and an open floor plan. Light and bright, the large windows let in natural abundant light into the living area and great room. Enjoy the rural...Don't miss this fantastic opportunity to own a mixed-use, 3 unit, income producing property in the heart of downtown San Miguel! The lower level is currently leased as a successful pizza restaurant with a fully functional kitchen, large dining room, and fully equipped restroom. Upstairs are 2 residential units, both 1 bedroom, 1 bathroom with full kitchens, and an open floor plan. Light and bright, the large windows let in natural abundant light into the living area and great room. Enjoy the rural views from the front or rear balconies while enjoying a warm cup of coffee on a cool Sunday morning. The open kitchen offers plenty of countertop and cabinet space for all your storage needs. The spacious bedroom is a private retreat with the second balcony off this room. There is ample parking with 10 parking spots in the rear. Each residential unit rents for $1,200/mo and the restaurant is leased at $2,000/mo. Conveniently located in downtown San Miguel, near shops, restaurants, and easy freeway access - don't miss this wonderful opportunity with so many possibilities!
  1. Listed by Lindsey Harn • DRE #01868098 • Brokerage DRE #01465507 • Richardson Properties

Property Details for 1425 Mission Street

View
Neighborhood
Parking Spaces Total
10
Private Pool
No
Cooling Type
Central
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3200

Location

Listing Courtesy of Richardson Properties, Lindsey Harn, DRE #01868098

Sold By Pacific Home Brokers, Karen McNamara, DRE #01888878

Add your commute
LISTING UPDATED: 10/01/2021 02:29 AM

Property Details for 1425 Mission Street

StatusClosed
MLS #SP20228370
Days on Market232
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built2004
Lot Size0.15 AC / 6,600 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Richardson Properties, Lindsey Harn, DRE #01868098

Sold By Pacific Home Brokers, Karen McNamara, DRE #01888878

Add your commute

Building Information for 1425 Mission Street

Stories2Residences-Year Built2004Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$3,547 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1425 Mission Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $52,800
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $43,400
  • Financing: Cash
Expense Details
  • Operating Expense: $9,400
  • New Taxes Expense: $5,100
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,300
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,800
  • Total Expenses: $9,400
Tax / Assessment Info
  • Tax Block: 56
  • Tax Census Tract: 100.16
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Rural
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Living Room
  • Laundry: No
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Property History for 1425 Mission Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1425 Mission Street

This home is within San Miguel Joint Union School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Charter - K to 8
Rating
School
Distance
Cappy Culver Elementary School
PublicK to 8

Paso Robles High School
Public9 to 12

Lillian Larsen Elementary School
PublicK to 8

Almond Acres Charter Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Richardson Properties, Lindsey Harn, DRE #01868098

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.