Marketing Remarks: 7 Units on 4th Street in Downtown Paso Robles, walking distance to City Park. Solid rental income in place with strong rental upside. Two detached homes, one duplex, and one triplex on 40,500 square foot lot. One 3 bedroom, four 2 bedrooms, one 1 bedroom & 1 studio. Separately metered for gas/electric. Units have fenced in yards/patios. Quiet area West of Vine Street surrounded by single family homes. Two new septic tanks installed a few years ago. On-site laundry.
Multi-familyProperty Type
1954Year Built
0.93 acresLot Size
$191Price/Sq.Ft.
Listed by Guy Torelli•DRE #00666517• Torelli Investment Realty
Bought with Leila Harrington•DRE #01509429• Mission Country Properties Inc
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.
Property details
Interior
Cooling Information
Wall Window
Has Cooling
Heating Information
Wall Heater
Interior Features
Levels: Two
Multi-Unit Information
Net Operating Income: $60,823
Total Building Area: 5,250
Gross Multiplier: 12.2
Vacancy Allowance: 0
Exterior
Exterior Information
Roof: Shingle
Foundation Information
Foundation Details: Concrete Slab
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 7
Parcel Number: 018231006
Financial
Lease / Rental Details
Operating Expense: $29,417
Location
Location Information
Latitude: 35.61763000
Longitude: -120.69600700
Other Subdivision Name: PR City Limits West(120)
Subdivision Name: PR City Limits West(120)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: San Luis Obispo County
APN: 018231006
Home facts updated by county records on Sep 30, 2024
Other
Listing Information
Days Active in MLS: 9
Continuous Days Active in MLS: 9
Listing Agent Information
List Agent First Name: Guy
List Agent Last Name: Torelli
Listing Office Information
List Office Name: Torelli Investment Realty
Selling Agent Information
Buyer Agent First Name: Leila
Buyer Agent Last Name: Harrington
Selling Office Information
Buyer Office Name: Mission Country Properties Inc
Around this home
Schools
Bauer/Speck Elementary School
Public K-6 • Assigned • 1.0mi
5/10
George H. Flamson Middle School
Public 7-8 • Assigned • 1.6mi
4/10
Paso Robles High School
Public 9-12 • Assigned • 1.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
5/10 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
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42
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45
81
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87
52
91
56
94
56
85
58
81
50
66
42
64
41
Jan
Feb
Mar
Apr
May
Jun
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Aug
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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
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