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$145,000
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Property Description
Exceptional Development Opportunity in San Miguel!
Don't miss this prime piece of vacant land in the heart of San Miguel, zoned RMF (Residential Multi-Family) with potential for 5 units. Located just minutes from downtown and offering easy access to the freeway, this property is an ideal opportunity for builders, investors, or anyone looking to develop in a growing Central Coast community.
Included with property are plans to construct two (2) 2,294 square foot, two story buildings and one (1) 796 square foot, one story building for total of 5 apartment units, along with a soils report, archaeology report, grading and drainage plan, and a water will-serve deposit already in place. Community water and sewer are available at both the street and alleyway. Buyers should check with the County and the San Miguel Community Services District to verify development opportunities and regarding which reports may need updating.
An outstanding value with a strong head start on development-bring your vision and unlock the potential of this versatile property!
Full Property Details
Full Property Details for 965 L St
General
- Price: $145,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SC25200639
- Updated: 11/17/2025
- Days on Market: 127 days
- Added to Site: 127 day(s) ago
Location
- Area: SMIG - San Miguel
- County: San Luis Obispo
- Development Name: SMIG - San Miguel
- Driving Directions: 101 North exit 10th street and head East to L Street with sign on property.
- Dist. to Beach: At Street (Miles)
Utilities
- Sewer: None
- Dist. to Sewer: At Street
- Water: None
- Dist. to Water: At Street
- Utility Description: Electricity Available, Phone Available, Sewer Available, Water Available
Lot Features
- Property View: Hills, Neighborhood
- Lot Size (Acres): 0.2583
- Lot Size (Sq. Ft.): 11,250
- Lot Size Source: Public Records
- Zoning: RMF
- Lot Description: Suburban
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $12.89
Listed by Christie's International Real Estate Sereno, Lindsey Harn
Get Pre-Approved Today
Schools
Schools serving 965 L St
School District:San Miguel Joint Union Elementary School District
| Name | Grades | Distance |
|---|---|---|
Paso Robles High School 801 Niblick Road, Paso Robles, CA 93446 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 965 L St
Date
Details
Price
Change
Source
9/12/2025
Listed
$145,000
52.63%
MLS
2/25/2019
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 965 L St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,667
50%
$105,972
2%
2023
$1,110
—
$103,895
2%
2023
$1,110
-3%
$101,858
2%
2022
$1,145
2%
$99,861
2%
2021
$1,123
1%
$97,903
1%
2020
$1,112
44%
$96,900
46%
2019
$773
2%
$66,325
2%
2018
$759
-2%
$65,025
2%
2017
$776
3%
$63,750
136%
2016
$750
106%
$27,000
—
2015
$364
-34%
$27,000
-85%
2013
$553
—
$183,574
-9%
2013
$553
—
$200,867
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 965 L St
965 L Street, San Miguel, CA 93451 (MLS# SC25200639) is a Lots/Land property with a lot size of 0.2583 acres. 965 L Street is currently listed for $145,000 and was received on September 12, 2025. Want to learn more about 965 L Street? Do you have questions about finding other Lots/Land real estate for sale in San Miguel? You can browse all San Miguel real estate or contact a Coldwell Banker agent to request more information.

