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205 Oak Street

Paso Robles, CA 93446
  • $775,000
  • STATUS: Active
  • ON SITE: 232 Days
  • ID#: NS24074071
UPDATED: 70 min ago
$775,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Jessica Baker of The Harley Group (805-239-2390) and Summer Ramos of The Harley Group(805-239-2390)


Description

Unique investment opportunity to own a 2 bedroom, 1 bathroom house with two attached studio units and a large detached shop on a spacious corner lot only a few blocks from downtown Paso Robles. This parcel goes street to alley, so there may be an opportunity for a lot split: it is currently zoned T3N. The main home has a fireplace, galley kitchen, dining nook, 2 bedrooms/1 full bathroom and currently rents for $1,400/mo. The two studio units are self sufficient with kitchenettes, their own bathrooms and rent for $850/mo and $900/mo. The shop currently rents for $400/mo. Ample amount of off street parking on both Oak Street and 2nd Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T00:24:43.483. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/149546911
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205 Oak Street Paso Robles, CA 93446

  • Price: $775,000
  • Status: Active
  • On Site: 232 Days
  • Updated: 70 min ago
  • ID#: NS24074071
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1941
Built
Neighborhood:
Pr City Limits West(120)
County:
San Luis Obispo
Area:
Pric - Pr Inside City Limit
Property Description
Unique investment opportunity to own a 2 bedroom, 1 bathroom house with two attached studio units and a large detached shop on a spacious corner lot only a few blocks from downtown Paso Robles. This parcel goes street to alley, so there may be an opportunity for a lot split: it is currently zoned T3N. The main home has a fireplace, galley kitchen, dining nook, 2 bedrooms/1 full bathroom and currently rents for $1,400/mo. The two studio units are self sufficient with kitchenettes, their own bathrooms and rent for $850/mo and $900/mo. The shop currently rents for $400/mo. Ample amount of off street parking on both Oak Street and 2nd Street.
Exterior Features

Entry Level 1 Entry Location main Lot Features Corner Lot Number Of Separate Electric Meters 0 Open Parking Spaces 4 Parking Features DrivewayGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features Family Room Fireplace YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4 Common Interest None Community Features Suburban Electric Expense 2003 Fuel Expense 1568 Garage YN Yes Gross Income 400 Gross Scheduled Income 42600 Insurance Expense 0 Land Lease YN No Laundry Features Outside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 28561 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 9406 Possession Negotiable Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Gas Total Actual Rent 3550 Trash Expense 1912 Water Sewer Expense 553 Water Source Public Zoning R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T00:24:43.483. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Jessica Baker of The Harley Group (805-239-2390) and Summer Ramos of The Harley Group(805-239-2390)