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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.
| Last Updated | 5/3/2024 | Year Built | 1918 |
|---|---|---|---|
| Community | PR Inside City Limit | Garage Spaces | 1.0 |
| County | San Luis Obispo |
SCHOOLS
| School District | Paso Robles Joint Unified |
|---|
Price History
| Prior to Apr 15, '24 | $1,095,000 |
|---|---|
| Apr 15, '24 - Today | $1,070,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | PR Inside City Limit |
| BUYER'S BROKERAGE COMPENSATION | 2.250 % |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 7000 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| ZONING | R1 |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/7/24 4:56 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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