Active

1403 Chestnut Street

Paso Robles CA, 93446

$1,070,000


$538.50 per sqft

Active

5 Beds

3 Baths

1,987 sqft

Residential

Built in 1918

Listed by Chloe Gannage with Christie's International Real Estate Sereno 805-476-0104

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.

SC24049595

MLS ID

February 26, 2024

Listed

May 1, 2024

Updated

Map

1403 Chestnut Street
Paso Robles CA, 93446

Interior Features

Total Stories

1


Bedrooms

5 Beds


Bathrooms

3 Baths


Interior Features

All Bedrooms Down


Laundry Description

In Kitchen


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

School Information

School District

Paso Robles Joint Unified

Other Property Details

Area Name

PRIC - PR Inside City Limit


Days on Market

47


Garage

Yes


Garage Spaces

1


Parking Total

1


View

Yes


View Description

Neighborhood


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None


Zoning

R1


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

4/15/2024

Price Change

$1,070,000

-3%

4/15/2024

Active

3/21/2024

Under Contract

Listing Contact: 805-476-0104 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/1/2024 at 9:10 PM UTC

 

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