1403 Chestnut Street, Paso Robles CA, 93446
(Active)
$1,070,000
|
5 beds, 3 Full baths, 1,987 sqft
|
MLS# SC24049595
Last Updated: 5/3/2024 5:28 AM
Description for
1403 Chestnut Street
Paso Robles, CA 93446
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.
Price
$1,070,000
San Luis Obispo
5
3 Full
1,987 (approx)
SC24049595
Active
Description
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.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 5 | 3 Full | |
| 0.16 Acres | Assessor | 1,987 (approx) |
| 1918 | Yes-1 space | 1 |
Public
Public Sewer
Neighborhood
School Information
| District: Paso Robles Joint Unified | ||
Room Information
| Bathrooms: Main Level: 2 | |||
| 3 | |||
Main Level: 3, Total: 5
Fireplace
In Kitchen
Interior Features
Central Air
Other,
Central
No Common Walls
Street
Family Room
All Bedrooms Down
Exterior / Lot Features
1 Garage Spaces,
1 Parking Spaces,
0 Covered Parking Spaces,
None
Other
R1
0-1 Unit/Acre
Driving Directions
1403 Chestnut ST
Financial Considerations
| 009021027 |
Cash,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac
Washer and Dryer in Back ADU
Listing Price History
Paso Robles Real Estate
Paso Robles is located in California. Paso Robles, California 93446 has a population of 31,982.
The median household income in Paso Robles, California 93446 is $71,743. The median household income for the surrounding county is $77,840 compared to the national median of $66,222. The median age of people living in Paso Robles 93446 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/15/2024 | Active | $1,070,000 USD -2.28% |
|
| 3/22/2024 | Contingent | $1,095,000 USD |
|
| 3/15/2024 | Active | $1,095,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $2,756 USD | 1.58% | $254,035 USD | - |
| 2022 | $2,713 USD | 1.80% | $254,035 USD | 2.00% |
| 2021 | $2,665 USD | 1.41% | $249,055 USD | 3.06% |
| 2020 | $2,628 USD | 1.51% | $241,670 USD | - |
| 2019 | $2,589 USD | 1.45% | $241,670 USD | 2.00% |