5 Beds
4 Baths
1,884 SqFt
5 Beds
4 Baths
1,884 SqFt
Key Details
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $398
Subdivision Santa Margarita In Town(70)
MLS Listing ID NS26217018
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 2002
Lot Size 1.000 Acres
Property Sub-Type Manufactured On Land
Property Description
Both residences are currently tenant occupied, generating a combined $2,375 per month in rental income ($1,350/month for the main home and $1,025/month for the guest home) and boast separately metered utilities, providing immediate income for an investor while preserving the potential to enhance the property's value over time. The approximately one-acre setting offers room to spread out, with potential space for horses and other rural lifestyle uses. Enjoy the charm and community of Santa Margarita while remaining conveniently located near San Luis Obispo, Paso Robles, Atascadero, and the Central Coast. Whether you're looking for an income-producing investment, a property for extended family, or a unique opportunity to own multiple residences on one parcel, this rare Santa Margarita offering deserves a closer look. If you're looking to add even more land and a third home, check out the neighboring property at 22815 I Street, Santa Margarita also being offered for sale at $699,900. MLS#NS26216088. BONUS- The sellers are open to considering seller financing for 5-7 years with 20-30% down at only a 4% interest on at least one of these parcels
Location
State CA
County San Luis Obispo
Area Smrg - Santa Margarita
Rooms
Other Rooms Guest House Detached, Guest House
Main Level Bedrooms 5
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway, Garage, RV Potential, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Rural
View Y/N Yes
View Hills
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Horse Property
Dwelling Type Manufactured House
Story 1
Entry Level One
Sewer Septic Type Unknown
Water Public
Level or Stories One
Additional Building Guest House Detached, Guest House
New Construction No
Schools
School District Atascadero Unified
Others
Senior Community No
Tax ID 069091006
Acceptable Financing Cash, Cash to New Loan
Horse Property Yes
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Nearby Locations
3750 Schaufele Ave Suite 270, Beach, California 90808, United States