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Sold on 12/16/2011
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1045 Olive St, Paso Robles, CA 93446

$859,000

Last sold 12/16/2011 after 133 Days

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    bed

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    bath

Multi-family not for sale

About 1045 Olive St

Property type Multi-family
Year built 1985
HOA fee $0/month
Lot size 0.7 Acre
Rental estimate
Property description
Marketing Remarks: The Presidio Apartments! You'll find this premier 8-unit building building ideally located just 2-3 blocks from Downtown Paso Robles! Tenants enjoy walking to the city park, dining, movies, etc while living in these nicely proportioned 2BR/1BA units on an elevated .7AC parcel. Impressive Spanish Revival architectural details and city views from the elevated location add ambiance, creating a very 'Old Santa Barbara' feel. Other amenities include covered parking for every unit, individual storage units, onsite laundry, and a fantastic common courtyard lawn area! One of the finest locations in Multi-Family, county-wide! These are not the cheapest units on the market, but they are certainly one of the best locations! If you only care about buying the highest CAP rate, look elsewhere. But if you tend to buy Park Place or Boardwalk when you play Monopoly, this could be you deal! Be sure to view the detailed, 30+ image virtual tour to get a true feel of what this property offers.
Listed by
Listing Agent - Scott Ehrke
Listing Office - RE/MAX Parkside Real Estate
Source: CRMLS mls logo
MLS#PR179182 • last updated 10 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.7
Lot Size (SqFt) 30492
Year Built 1985
Interior
Laundry Community
Interior Features Storage
Exterior
Foundation Slab, Raised
Roof Concrete
Building Area 6728
Parking Covered, On Site
Lot Description Level With Street, Paved, Sprinkler System, Up Slope From Street
Location
County San Luis Obispo
Community Features Street Lights
Subdivision PR City Limits West(120), PR City Limits West(120)
Zoning R3
Directions From The Downtown City Park, Go 2 Blocks West On 12th Street, Then Turn Left On Olive. GO 1.5 Blocks To Subject Property, On Your Right Hand Side! Cross Streets: 12th Street
APN 9082035
Multifamily Details
Gross Multiplier 11.3
Rental est.: $1,932/month
Gross rent multiplier: 37.0
  • Oct 2016
    mls logo MLS # PR179182
  • Oct 3, 2016 Sold
    $859,000
  • Aug 5, 2011 Listed
    $925,000
  • Dec 2011
    Public Records
  • Dec 16, 2011 Sold
    $859,000 (-7.1%)
  • Year Property taxes Tax assessment
  • 2024
    $11,760 +1.7%
    $1,057,785
  • 2023
    $11,568 +1.5%
    $1,057,785 +4.04%
  • 2022
    $11,396 +1.7%
    $1,016,712 +2.0%
  • 2021
    $11,202 +1.4%
    $996,777 +1.04%
  • 2020
    $11,049
    $986,557
  • 1045 Olive St
    $859K
  • —
  • 93446
    $892K 0% y/y
  • Paso Robles
    $893K 0% y/y
No chart available
Statistics calculated by Movoto

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