1524 K Street, San Miguel, California 93451, San Miguel, 93451 - bed, bath
1524 K Street
San Miguel, California 93451
Property Price
SUMMARY
Analysis of 1524 K Street, San Miguel, California 93451 is currently available with a list price of $935,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Miguel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2004, the property is 21 years old and falls into the 'Fair' category as it has reached the 20-year mark without a full recent renovation. While the description indicates the home is well-maintained and move-in ready with a functional layout and permitted garage conversion, the finishes and major systems are likely original to the construction date, showing typical age-related styling in the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features two separate homes with individual addresses and private access, offering a rare opportunity for significant rental income or multi-generational living.
- Modern & Versatile Layout
Built in 2004, the main residence includes a permitted garage conversion that adds functional living space to a well-appointed floor plan featuring a walk-in pantry and master suite.
- Strategic Access and Privacy
With the primary home accessed via a private alley and the second home fronting K Street, the layout ensures maximum privacy for occupants of both dwellings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2678, other record living area = 504.
- Limited Covered Parking
The permitted conversion of the two-car garage into living space leaves the property without traditional covered parking, which may be a drawback for some buyers.
- High Lot Density
Accommodating two separate residences on a 7,501 sqft lot results in divided outdoor areas, which may feel cramped for those seeking a large, unified backyard.
About 1524 K Street
Two Homes!!! Looking for a great property to combine families, an investment opportunity to live in one home and rent the other for income potential or just a rental property of two homes on one lot... this is your property. 1524 and 1526 K St. offers two homes in a great San Miguel location, each with its own addresses!! 1526 K St. was built in 2004 offering 3 bedrooms and 2.5 bath, split level floor plan with permitted conversion of the 2 car garage adding versatility to the already generous floor plan with it's spacious back yard and private alley location. The kitchen is well appointed with open space for entertaining and family gatherings. A walk in pantry offers more storage solutions and a living room slider to the spacious fenced rear yard offers lots of indoor and outdoor space to spread out. Upstairs you will enjoy the Master bedroom and its own private master bath as well as the 2 additional guest rooms with a full guest bath. The efficent powder bath downstairs is always a nice convenience. Outside the large, private rear yard has a gated fence dividing the homes. 1524 K St. offers 1 bed, 1 bath and fronts K St. Both homes have their own individual access 1524 off K St. and 1526 via the alley.This arrangement is perfect for combining families while maintaining privacy or generating strong rental income. With easy access to Highway 101 for commuting, this property is a truly compelling opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,501 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 5% |
| Baths | - | 2.0 | 5% |
| Square foot | 2,678 | 1,745 | 90% |
| Lot Size | 7,501 | 58,898 | 45% |
| Price | $935.0K | $732.0K | 80% |
| Price per sq ft | $349 | $378 | 30% |
| Built year | 2004 | 2007 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 149 | 168 | 40% |
Pricing History
Listed for Sale
Oct 9, 2025
$935,000
Initial Listing