Listed By:
Joseph Silva with Keller Williams Realty Central Coast;
1832 Park Street, Paso Robles, CA
$ 949,950
Property Attributes
  • MLS#PI23212980
  • TypeIncome
  • 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


  • 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

AVG $950K
AVG 133
Data Provided by Inside Real Estate®
Year Built
AVG 1968