• 2029 Pine Street Paso Robles, CA 93446

  • $620,000
  • 3
    Bed(s)
  • 1
    Baths
  • 1,230
    Sq Ft
  • 11200
    Sqft
  • Listed By: Scott Ehrke, RE/MAX Success, DRE #01012637
  • Source: CRMLS

WESTSIDE PASO ROBLES INVESTMENT OPPORTUNITY! You're sure to love this charming bungalow, sitting on an elevated 1/4 acre just blocks from dozens of eateries and wine tasting rooms in downtown Paso Robles! This vintage residence is not only full of character, but also many tasteful and modern updates! You'll find recent vinyl dual-pane windows, luxury vinyl plank 'wood' floors, upgraded doors, hardware and baseboards, quartz counters atop newer cabinets, stainless appliances, custom tilework backsplash and shower surround and even modern central HVAC. Sure, at nearly 80 years old, it has its quirky features, like the missing closets in 2 of the 3 bedrooms, or the space saving 'powder laundry' where you can do your laundry and other important business very efficiently at the same time! But the positives like the HUGE covered front porch sitting high above the street level make the quirks work! Now for the BONUS ROUND, because there is a lot more to this offering than just a charming old home close to downtown Paso. The 1/4 acre parcel is zoned T4-N, and has plenty of room for added opportunity. For example, this sale includes turn-key, ready to go building plans for two additional units - with city construction permits ready to pick up! You could start construction on a duplex on the back of this parcel upon close of escrow. Engineering - done. Design work - done. Final permit fees - nope, not yet (that one is on you). Instead of spending months of your life in design, engineering and planning, you can spend it doing things you like more like wine tasting, attending sporting events... and of course world travel ;). Plus, it is in a Federally designated 'Opportunity Zone'! (Google it - it's a BIG DEAL if you plan to develop additional units and like tax savings)! If you're not into multi-family units and collecting rent checks, maybe you could utilize the oversized lot for building a shop/garage for your automotive or business interests, or even developing your own private 9 hole mini-golf course (whatever floats your boat, right!). INVESTORS, please note - this home is tenant occupied and the tenants would LOVE to stay. They pay $2,400 per month in rent, and their lease ends in June, but they would be happy to extend for a year (or few!).

Property Type :

Residential

Subdivision :

Fallbrook

County :

San Luis Obispo

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 2

Full Baths: 1

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

Interior Features: Block Walls,All Bedrooms Down

Windows: Double Pane Windows,Skylight(s)

Property Appliances: Dishwasher,Gas Range,Microwave

Fireplace: None

Flooring: Carpet,See Remarks,Tile,Vinyl

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1944

Construction: Stucco

Roof: Composition

Pool Features

None

Laundry Features

Inside

Patio And Porch

Covered

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2571

Lot Size Source: Assessor

Lot Size Square Feet: 11200

Listing Price Information

Original List Price: 620,000

Listing Contract Date: 2024-02-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 008228017

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: 1727

Directions: Get on Pine Street and go between 20th and 21st Street. This property is on the west side of Pine.

Zoning: T4N

Source Property Type: Residential

Area: PRIC - PR Inside City Limit

Property SubType: Single Family Residence

Building and Construction

Property Age: 80

Common Walls: No Common Walls

Property Condition: Updated/Remodeled

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 1230

Entry Level: 1

Entry Location: Front

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

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ByOwner last updated this listing 05/13/2024 @ 13:21

MLS: NS24038094
LISTED BY: Scott Ehrke, RE/MAX Success
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
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.

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