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.
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