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503 Oak

Paso Robles, CA 93446
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Bed 3

Bed

Bath 3

Bath

SqFt1,942

Sqft

SqFt6,970

Sqft(Lot)

Updated and Remodeled Downtown Income Pair with Two Transferable Vacation Rental Licenses. On a corner lot in the heart of historic Paso Robles sits a rare pairing: two updated homes, two transferable vacation rental licenses, and the freedom to run them together for group stays or apart for two income streams. The 6,970 square foot lot offers ample parking, low maintenance landscaping, a detached two car garage, and a storage shed with the bones to become an office or studio. The primary residence is a 1920s Craftsman, two bedrooms and two baths, remodeled to bring period charm up to today's standards. A landscaped walkway leads to a covered country porch, and hardwood floors carry through a warm living room, into the dining room, and out to a sun filled sunroom. The kitchen anchors the home: Blue Point professional appliances, stainless accents, butcher block counters, and a white subway tile backsplash, with laundry and direct backyard access close by. Both bedrooms are generously sized, the baths are finished with care, and a large basement leaves room for a wine cellar or future expansion. The second home, a one bedroom, one bath ADU, has its own private entrance and a quiet fenced backyard, a bright retreat suited to short term guests or visiting family. Two addresses, one lot, and licensing already in place. This is a chance to own a downtown Paso Robles income property that's been done right, with the flexibility to shape it around exactly how you want to use it.

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Detail Ic Property Details

Property Type : Residential

Price : $1,250,000

AD Id : 91287943

MLS Id : NS26203242

Beds : 3

Lot Size : 6,970 Sq. Ft

Living Area Size : 1,942 Sq. Ft

Year Built : 1920

Garage : 2

County : San Luis Obispo

Subdivision: Keys Garden

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2
  • Interior Features

    AllBedroomsDown
    Appliances: Dishwasher, Disposal
    Laundry Features: LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: CentralAir, Electric

  • Building Information

    Year Built: 1920
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 6970 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6,970 Lot Description: CornerLot

    Property Information

    Subdivision: PR City Limits West(120) Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 106

  • Listing Price Information

    Listing Price: $1250000
    CashToNewLoan

  • Tax Information

    Parcel Number: 009254012 Tax Lot: 6 Tax Block: 134

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: From Spring Street; left on 5th WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3150 Sunburst Road, Paso Robles, CA, 93446 $425,000 2 1 672 5 Acres
4650 Rolling Hills, Paso Robles, CA, 93446 $795,000 3 3 1,986 435,600 Sq. Ft
5740 Forked Horn, Paso Robles, CA, 93446 $879,000 3 2 1,512 102,366 Sq. Ft
4960 Glenhill Lane, Paso Robles, CA, 93446 $2,445,000 4 3 3,833 423,839 Sq. Ft
5750 Ground Squirrel Ho.., Paso Robles, CA, 93446 $1,399,000 4 3 3,413 77,537 Sq. Ft
5950 Forked Horn Place, Paso Robles, CA, 93446 $625,000 3 2 1,498 43,560 Sq. Ft
5275 Camp 8 Road, Paso Robles, CA, 93446 $2,900,000 12 7 7,262 8,163,144 Sq. Ft
5750 El Pharo, Paso Robles, CA, 93446 $2,400,000 5 3 2,596 3,093,631 Sq. Ft
6944 Union Road, Paso Robles, CA, 93446 $3,700,000 8 6 5,670 3,696,066 Sq. Ft
888 Camino Vina, Paso Robles, CA, 93446 $5,175,000 4 4 5,362 1,742,400 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/21/2026 @ 03:13

MLS: NS26203242 LISTED BY: Karlie Montgomery, Luxton Real Estate 805-391-0241 SOURCE: CRMLS

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