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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,352 sqft
Price per Sqft $554
Subdivision Pr City Limits West(120)
MLS Listing ID NS22082429
Sold Date 06/03/22
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1924
Lot Size 5,000 Sqft
Property Description
Olive Street Duplex with prime location in downtown Paso Robles and in the heart of wine country. This desirable multi-unit westside home was built in 1924 and offers over 1352 +/- square feet of living space on a 5000 +/- square foot corner city lot. The main front unit with covered porch, 1546 Olive, features 2 bedrooms and 1 bathrooms with updated kitchen, windows, flooring, and more. The secondary unit, 406 16th Street, is a 1 bedroom and 1 bathroom home with galley kitchen with tiled counters, hardwood flooring, private yard, and much more. The lower basement area has potential for an additional unit and opens onto the lower level back yard. Zoned R2 and located is area that is currently being considered for an expansion of the uptown specific plan, please check with city for update. Potential abound on this owner occupied corner lot with room to expand the home or add ADU/JADU for additional dwelling units. Home share the property or apply for a Short Term Rental License with current wait list of 34 +/-. Multiple income potential on multiple units and prime location, along with a motivated seller makes this an ideal opportunity with flexible options.
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Zoning R2
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Up
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs, Urban
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Corner Lot
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Paso Robles Joint Unified
Others
Senior Community No
Tax ID 008318001
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Alessandra McGuckin • RE/MAX Success