Listed by Patrick McCandless•DRE #02011697• Oak Shores Realty
Contact: 805-443-7777
For sale
$1,065,000
Est. $7,081/mo —
2
bd
•
2 ba
•
1,757
sq ft
2230 Spring St, Paso Robles, CA 93446
Price drop
List price was lowered by $34K. Tour it before it's gone!
Tomorrow:
About this home
Rare opportunity to own a fully upgraded, income-producing duplex in the heart of Paso Robles, with two established short-term rental units and transferable short-term rental permits. Although not on tax record, the short term rental listings reflect a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both currently operating as successful short-term rentals with nearly 5-star guest ratings. The units are furnished, upgraded, guest-ready and already operating, allowing a new owner to step in and continue short-term rental operations from Day 1 rather than starting from scratch. Adding to the investment appeal is TC-2 zoning, offering a flexible commercial/residential designation in Paso Robles' Town Center. City regulations specifically allow short-term rental permits to transfer to a new owner in TC-2 zoning, making this an especially attractive opportunity for an investor seeking an established hospitality business with an uncommon level of operational continuity. Location further strengthens the opportunity. The property is less than a mile from the Downtown Square and just a few blocks from the Paso Robles Event Center/Fairgrounds and Paso MarketWalk, placing guests close to restaurants, wine tasting, shopping, events and the vibrant downtown scene. Whether you're looking for an income-producing asset, a foothold in Paso Robles' thriving wine-country hospitality market, or a property with the flexibility of commercial and residential use, this duplex delivers a compelling combination of location, established income potential, transferable STR permits and true turnkey operation.
High Visibility Opportunity. The 1895 is a historic four square building located within the downtown corridor of Paso Robles. The property is part of the uptown specific plan and is zoned TC-2 “Town Center Commercial Zoning District” which allows for a wide variety of uses including potential Winery, Brewery, Distillery, Market, Restaurant, Residential, Office, etc. Currently operated as two short term rentals with transferable licenses (buyer to verify). Updates include newer heating and cooling systems, newer plumbing, newer electrical, framing, windows, doors, roof, and much more. Located in the “Opportunity Zone” and within a few blocks to the Paso Market Walk and downtown core.
Public Records
Mar 11, 2021
Sold
$725,000
$413/sq ft
CRMLS #NS19189521
Sep 27, 2019
Sold
$500,000
$285/sq ft
Sep 27, 2019
Sold
$500,000
$285/sq ft
Aug 14, 2019
Pending
—
Aug 7, 2019
Listed
$515,000
$293/sq ft
Aug 7, 2019
Listed
$515,000
$293/sq ft
CRMLS #NS18209493
May 8, 2019
Listing Removed
—
Apr 1, 2019
Price Changed
$499,400
$284/sq ft
Mar 12, 2019
Price Changed
$519,000
$295/sq ft
Dec 11, 2018
Price Changed
$545,000
$310/sq ft
Oct 18, 2018
Price Changed
$575,000
$327/sq ft
Sep 5, 2018
Price Changed
$599,000
$341/sq ft
Aug 23, 2018
Listed
$619,000
$352/sq ft
CRMLS #NS1075256
May 23, 2017
Sold
$375,000
$213/sq ft
Apr 23, 2017
Pending
—
Apr 3, 2017
Price Changed
$389,900
$222/sq ft
Mar 23, 2017
Listed
$399,000
$227/sq ft
NSBCRMLS #1075256
Apr 6, 2017
Listing Removed
—
Jan 27, 2017
Listed
$399,000
$227/sq ft
NSBCRMLS #1075284
Apr 6, 2017
Listing Removed
—
Jan 27, 2017
Listed
$399,000
$227/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,866 (+1.6%)
$371,422 + $721,621
$1,093,043
2024
$11,680 (+38.8%)
$364,140 + $707,472
$1,071,612
2023
$8,414 (+1.5%)
$357,000 + $693,600
$1,050,600
2022
$8,289 (+46.0%)
$312,120 + $442,170
$754,290
2021
$5,677 (+1.4%)
$306,000 + $433,500
$739,500
2020
$5,600
$252,590 + $252,590
$505,180
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,632
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,632
Year built
1895
Style
Multi-Family (2-4 Unit)
County
San Luis Obispo County
APN
008-165-002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
TC-2
NORTH COUNTY PLANNING AREA
SALINAS RIVER SUB AREA
INLAND AREA
DRIVE THRU OVERLAY
Uptown/Town Centre Specific Plan-Town Center 2 Zone
The TC-2 zone is applied to areasthat are developed with strip centers and other suburban types of commercial buildingsthat caterto the automobile; many properties are relatively under developed, with substantial portions either vacant or used for parking. Most of the buildings are unremarkable in historic value. The intent of the TC-2 zone isto create relatively high density, mixed-use neighborhoods.
Zone overlays
Permitted uses
Include but are not limited to:
Gas station
Bank
Laundromat
General retail
Restaurant
Bed & breakfast
Hotel / motel
Office
Public service
Recreation
Aug 15, 2023 • Final
Mechanical, plumbing, electrical
Upgrade the main electrical service panel from 100 amps to 200 amps.
Electrical
Feb 11, 2021 • Final
Residential new
Convert an existing commercial unit into a residential occupancy according to approved plans.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Paso Robles, CA • 93446
Average low and high temperatures (°F)
63
36
65
42
71
44
72
45
81
49
87
52
87
54
94
56
88
57
81
50
66
42
64
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.9 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
10.9 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2230 Spring St
$1,053,501
$11K under list price of $1.07M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $815K to $1.2M.