• 1403 Chestnut Street Paso Robles, CA 93446

  • $1,070,000
  • 5
    Bed(s)
  • 3
    Baths
  • 1,987
    Sq Ft
  • 7000
    Sqft
  • Listed By: Chloe Gannage, Christie's International Real Estate Sereno, DRE #02209430
  • Source: CRMLS

Located on a coveted street in downtown Paso Robles, 1405 Chestnut St represents an exceptional investment opportunity teeming with rental potential. This property showcases an updated main home, boasting timeless architecture, alongside an attached studio unit and a detached ADU. The main home, a charming 2-bedroom, 1-bath abode, radiates comfort and character, making it suitable for both long-term and short-term rentals (ensure compliance with local regulations). Meanwhile, the attached unit offers added flexibility to meet the diverse needs of the Paso Robles market. Although the detached ADU requires some attention, it presents an exciting opportunity for renovation and increased rental income. Envision yourself on the front porch, relishing the enchanting Paso Robles evenings with a glass of local wine in hand, engaging in pleasant conversations with neighbors enjoying their evening strolls. Positioned in downtown Paso Robles, this property grants effortless access to lively shops, eateries, and entertainment venues. Whether you're a seasoned investor or a first-time buyer eager to capitalize on rental income, this property brims with potential. Seize this opportunity and make 1405 Chestnut St your next investment venture.

Property Type :

Residential

Subdivision :

Fallbrook

County :

San Luis Obispo

Style :

Residential

Sell a home like this and save $63,701 Find Out How

Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Total Baths: 3

Full Baths: 3

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Interior Features: All Bedrooms Down

Fireplace: Family Room

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: Family Room

Has Fireplace: 1

Building Information

Year Built: 1918

Pool Features

None

Laundry Features

In Kitchen

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1607

Lot Size Source: Assessor

Lot Size Square Feet: 7000

Listing Price Information

Original List Price: 1,070,000

Listing Contract Date: 2024-02-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 009021027

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: PRIC - PR Inside City Limit

Postal Code Plus 4: 2007

Directions: 1403 Chestnut ST

Zoning: R1

Source Property Type: Residential

Area: PRIC - PR Inside City Limit

Property SubType: Single Family Residence

Building and Construction

Property Age: 106

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 1987

Entry Level: 1

Entry Location: Street

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7201 Airport Road, Paso Robles, CA,93446 $1,725,000 -- -- -- 2940300 Sqft
420 Creston Road, Paso Robles, CA,93446 $1,699,000 -- -- -- 187308 Sqft
845 Creston Road, Paso Robles, CA,93446 $449,000 -- -- -- 39204 Sqft
14 Rita Street, Paso Robles, CA,93446 $479,900 -- -- -- 43560 Sqft
13625 Ea Hwy 46, Paso Robles, CA,93446 $5,300,000 -- -- -- 11020680 Sqft
4440 Whispering Oak Way, Paso Robles, CA,93446 $515,000 3 2 1,864 87120 Sqft
Prancing Deer Place, Paso Robles, CA,93446 $93,700 -- -- -- 87120 Sqft
Geneseo Road, Paso Robles, CA,93446 $949,000 -- -- -- 4704480 Sqft
3530 Nicole Circle, Paso Robles, CA,93446 $449,900 -- -- -- 44431.2 Sqft
8455 Creston Road, Paso Robles, CA,93446 $4,700,000 9 7 6,013 4181760 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/09/2024 @ 20:01

MLS: SC24049595
LISTED BY: Chloe Gannage, Christie's International Real Estate Sereno
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $63,701 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion