Listing by: Chloe Gannage, Christie's International Real Estate Sereno
5 Beds
3 Baths
1,987 SqFt
Active
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.
Property Details | ||
---|---|---|
Price | $1,070,000 | |
Bedrooms | 5 | |
Full Baths | 3 | |
Total Baths | 3 | |
Lot Size Area | 7000 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1607 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1918 | |
View | Neighborhood | |
Heating | Central | |
Lot Description | 0-1 Unit/Acre | |
Laundry Features | In Kitchen | |
Pool features | None | |
Parking Spaces | 1 | |
Garage spaces | 1 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | 1403 Chestnut ST | |
County | San Luis Obispo | |
Latitude | 35.628639 | |
Longitude | -120.696745 | |
Market Area | PRIC - PR Inside City Limit | |
Address Information | ||
Address | 1403 Chestnut Street, Paso Robles, CA 93446 | |
Postal Code | 93446 | |
City | Paso Robles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Christie's International Real Estate Sereno | |
Listing Agent | Chloe Gannage | |
Buyer Agency Compensation | 2.250 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
School Information | ||
District | Paso Robles Joint Unified | |
MLS Information | ||
Days on market | 55 | |
MLS Status | Active | |
Listing Date | Mar 15, 2024 | |
Listing Last Modified | May 9, 2024 | |
Tax ID | 009021027 | |
MLS Area | PRIC - PR Inside City Limit | |
MLS # | SC24049595 |
This information is believed to be accurate, but without any warranty.