Movoto Real Estate
Sold on 07/03/2024
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1405 Chestnut St, Paso Robles, CA 93446

$1,005,000

Last sold 07/03/2024 after 493 Days

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    bed

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    bath

Multi-family not for sale

About 1405 Chestnut St

Property type Multi-family
Year built 1918
HOA fee $0/month
Lot size 7,000 Sqft
Parking 1 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Chloe Gannage
Listing Office - Christie's International Real Estate Sereno
Source: CRMLS mls logo
MLS#SC24088382 • last updated 2 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.1607
Lot Size (SqFt) 7000
Year Built 1918
Interior
Laundry In Kitchen
Other Room(s) All Bedrooms Down
Exterior
Building Area Square Feet, 1987
# Parking Spaces 1
# Garage Spaces 1
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces Family Room
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Washer And Dryer In Back ADU
Pool None
Location
View Neighborhood
County San Luis Obispo
Community Features Suburban
Subdivision PR City Limits West(120), PR City Limits West(120)
Zoning R1
Directions 1405 Chestnut ST
APN 9021027
Multifamily Details
Rental est.: $1,920/month
Gross rent multiplier: 43.6
  • Jul 2024
    mls logo MLS # SC24088382
  • Jul 3, 2024 Sold
    $1,005,000 (-3.4%)
  • Jun 20, 2024 Active
    —
  • Jun 9, 2024 Price Change
    $1,040,000 (-2.8%)
  • May 18, 2024 Listed
    —
  • May 11, 2024 Active
    —
  • Feb 26, 2023 Listed
    $1,070,000
  • 1405 Chestnut St
    $1M
  • —
  • 93446
    $888K -1% y/y
  • Paso Robles
    $888K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • CA
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  • Paso Robles
  • 93446
  • 1405 Chestnut St
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