$1,005,000
$1,040,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,987 SqFt
SOLD DATE : 07/03/2024
Key Details
Sold Price $1,005,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,987 sqft
Price per Sqft $505
MLS Listing ID SC24049595
Sold Date 07/03/24
Bedrooms 5
Full Baths 3
Year Built 1918
Property Sub-Type Detached
Property Description
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.
Location
State CA
County San Luis Obispo
Zoning R1
Direction 1403 Chestnut ST
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplaces Type FP in Family Room
Fireplace No
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Special Listing Condition Standard
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