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.
Sold for $1,005,000 on 07/03/24
Listing Provided by:
Chloe Gannage DRE #02209430 805-294-5749,
Christie's International Real Estate Sereno
Bought with: RE/MAX Success
$1,005,000
1405 Chestnut St, Paso Robles, CA 93446
5beds
3baths
1,987sqft
Multi Family
Built in 1918
-- sqft lot
$1,028,000 Zestimate®
$506/sqft
$2,592 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 03, 2024 at 02:48pm
Listing Provided by:
Chloe Gannage DRE #02209430 805-294-5749,
Christie's International Real Estate Sereno
Bought with:
Alessandra McGuckin, DRE #01993980
RE/MAX Success
Source: CRMLS,MLS#: SC24088382
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Kitchen
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,987
- Total interior livable area: 1,987 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,000 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 009021027
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Paso Robles
- Subdivision: Pr City Limits West(120)
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,028,000
2% more+$20,560
With Zillow Showcase(estimated)$1,048,560