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1434 1436 Pine Street

Paso Robles, CA 93446
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Bed 3

Bed

Bath 2

Bath

SqFt7,000

Sqft(Lot)

A rare downtown Paso Robles investment and redevelopment opportunity just two blocks from Downtown City Park. Located within a federally designated Opportunity Zone, this approximately 7,000 sq. ft. TC-2 zoned property offers a unique combination of rental income, central downtown location, and previously approved plans for future redevelopment. The existing improvements include three residential rental units with a mix of one- and two-bedroom configurations, generating approximately $70,680 in annual gross rental income. That income provides value during a buyer’s planning and holding period while evaluating the next phase of the property. Previously approved plans envision a new four-unit residential project consisting of two +/- 1,500 sq. ft. 3-bedroom, 2.5-bath residences and two + /- 1,250 sq. ft. 2-bedroom, 2.5-bath residences, together with a subterranean four-car garage designed to accommodate up to eight vehicles with tandem parking. The redevelopment concept takes advantage of the site’s downtown setting and dual frontage along Pine and Railroad Streets. Beyond the income and redevelopment potential, the location is a major part of the opportunity. Paso Robles’ Downtown City Park, Michelin-starred restaurants, tasting rooms, shopping, and other amenities are all nearby, making this a site with both immediate utility and long-term growth potential. For an investor or developer looking for a downtown Paso Robles property with income in place, Opportunity Zone positioning, and an established redevelopment concept, 1434/1436 Pine Street offers a combination that is increasingly difficult to find.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $945,000

AD Id : 91024464

MLS Id : NS26193449

Beds : 3

Lot Size : 7,000 Sqft

Year Built : 1910

Garage : 2

County : San Luis Obispo

Subdivision: Chokoloskee

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Feature Features

  • Interior Features

    Roof: Composition
    Laundry Features: SeeRemarks
  • Heating & Cooling

    Has Heating: Yes Heating: Combination, WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1910
    Building Area Total: 2156
    Construction Materials: LapSiding, Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7000 Lot Size Acres: 0.1607 Lot Size Source: Assessor Lot Size Square Feet: 7,000 Lot Description: SlopedDown

    Property Information

    Subdivision: PR City Limits West(120) Source Property Type: ResidentialIncome Property SubType: Triplex Direction Faces: West Levels: One Property Age: 116

  • Listing Price Information

    Listing Price: $945000
    Cash, Exchange1031, Submit

  • Tax Information

    Parcel Number: 008326002 Tax Lot: 2 Tax Block: 41

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: 13th to Pine, property is on right hand side. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
503 Turtle Creek, Paso Robles, CA, 93446 $595,000 3 2 1,479 5,913 Sqft
517 Queenanne, Paso Robles, CA, 93446 $435,000 2 1 883 3,600 Sqft
2230 Spring Street, Paso Robles, CA, 93446 $1,099,000 2 2 1,757 7,000 Sqft
245 17th, Paso Robles, CA, 93446 $849,000 3 3 1,500 8,587 Sqft

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 09/06/2026 @ 10:27

MLS: NS26193449 LISTED BY: Robert Sousa, COMPASS 805-226-4162 SOURCE: CRMLS

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