Address
1832 Park Street, Paso Robles, CA
Price
$ 949,950
Property Attributes
- MLS#PI23212980
- TypeIncome
- CountySAN LUIS OBISPO
- CityPaso Robles
- AreaPaso Robles
- Zip93446
- StyleSingleFamilyResidence
- Price$ 949,950
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1500
- Lot Size7,135 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
TWO TRANSFERABLE SHORT-TERM RENTAL LICENSES WITH OWNER FINANCING AVAILABLE. Seize this opportunity to own two charming 2-bedroom, 2-bathroom homes nestled just 4 blocks, walking distance, from the vibrant downtown Paso Robles. Both homes come meticulously renovated, fully furnished and equipped with fully transferable short-term licenses; making them an ideal investment for buyers seeking to capitalize on an increasingly attractive short-term rental market. Paso Robles, dubbed by many as a hidden gem, reminiscent of "Napa in the 90's", is renowned for its world-class wineries, picturesque landscapes, and burgeoning culinary scene, and has emerged as a magnet for discerning travelers seeking authentic California experiences all year round. Leverage the fully transferable short-term rental licenses to tap into this thriving market, generating substantial income while immersing yourself in the region's vibrant lifestyle. With their short-term rental potential, favorable seller-financing options, and prime location, these properties offer a compelling investment opportunity for those seeking to benefit from the region's promising future.
| Price History | |
|---|---|
| 11/18/2023 | Listed $949,950 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Appliances | Dryer, Washer |
| Association Y/N | No |
| Attached Garage | No |
| Building Area Units | SquareFeet |
| Cap Rate | 5.6 |
| Carport Y/N | No |
| City | Paso Robles |
| Community Features | Biking, Curbs, StreetLights |
| Cooling | CentralAir |
| County | San Luis Obispo |
| Days on Market | 12 |
| Directions | Property is on the east side of Park St between 18th & 19th St. Cross Streets: 18th St. |
| Electric Expense | 0.0 |
| Entry Location | Park St |
| Exterior Features | Awnings |
| Fuel Expense | 0.0 |
| Garage Spaces | 0.0 |
| Garage Y/N | No |
| Gross Income | 86050.0 |
| Heating | Central |
| Home Warranty Y/N | No |
| Insurance Expense | 0.0 |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Levels | One |
| Listing Terms | Cash, CashtoNewLoan, Conventional, Item1031Exchange, OwnerWillCarry, OwnerMayCarry |
| Lot Size Square Feet | 7137.0 |
| MLS Area | PSOR - Paso Robles |
| Mobilehomeremainsyn | No |
| Net Operating Income | 52882.0 |
| New Construction | No |
| Open Parking Spaces | 4.0 |
| Operating Expense | 33168.0 |
| Pool Features | None |
| Private Pool | No |
| Property Attached Y/N | No |
| Property Sub Type Additional | SingleFamilyResidence |
| Property SubType | SingleFamilyResidence |
| Property Type | ResidentialIncome |
| Rent Control Y/N | No |
| Roof | Shingle |
| Senior Community Y/N | No |
| Sewer | PublicSewer |
| Spa Features | None |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Stories | 1 |
| Street Name | Park |
| Tax Lot | 10 |
| Total Units | 2 |
| Trash Expense | 0.0 |
| Utilities | ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected |
| View Y/N | No |
| Water Sewer Expense | 0.0 |
| Waterfront Y/N | No |
| Year Built | 1949 |
| Year Built Source | Assessor |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Basement (Y/N) | No |
| Common Walls | NoCommonWalls |
| Electric On Property Y/N | No |
| Entry Level | 1 |
| Fireplace Features | None |
| Fireplace Y/N | No |
| Heating Y/N | Yes |
| Laundry Features | Inside, LaundryRoom |
| Street Suffix | Street |
| Total Stories | 1 |
Exterior Features
| Building Area Total | 1500.0 |
|---|---|
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Features | Item01UnitAcre |
| Lot Size Acres | 0.1638 |
| Lot Size Area | 7137.0 |
| Lot Size Source | Assessor |
| Lot Size Units | SquareFeet |
| Number of Buildings | 2 |
| Number of Separate Electric Meters | 2 |
| Number of Separate Gas Meters | 2 |
| Number of Separate Water Meters | 2 |
| Open Parking Y/N | No |
| Parking Features | Driveway, Gravel |
| Spa | No |
| Total Parking | 4.0 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 93446
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of December 3, 2023 1:57 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
