Thank you
Scott Ehrke
RE/MAX Success
805-434-2737
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!).
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Total Bedrooms : 3
Total Baths: 2
Full Baths: 1
Half Baths: 1
Water Source : Public
Sewer : Public Sewer
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
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1944
Construction: Stucco
Roof: Composition
None
Inside
Covered
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2571
Lot Size Source: Assessor
Lot Size Square Feet: 11200
Original List Price: 620,000
Listing Contract Date: 2024-02-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 008228017
Lease Term: Negotiable
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
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
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.