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Sold on 02/15/2019
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518 Ferro Ln, Paso Robles, CA 93446

$750,500

Last sold 02/15/2019 for $420K

  • —

    bed

  • —

    bath

  • 1,664

    Sqft ($252/Sqft)

Multi-family not for sale
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About 518 Ferro Ln

Property type Multi-family
Year built 1953
HOA fee $0/month
Lot size 7,613 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Endless Possibilities with this updated duplex on Paso Robles' East Side with great seller financing! It’s the perfect property for an investor to rent out both units, or it could be ideal for a homeowner to occupy 1 unit & rent the other out for income or have extended family in the 2nd unit! Each unit has 2 bedrooms, 1 bathroom, a private fenced yard & a detached 1 car garage. Upgrades include plumbing, electrical, windows, A/C, flooring, cabinets, appliances, roofing, painting and more! And here’s the best part…the owner will carry the loan for 30 years with $100,000 down at competitive rates! Don't let this unique opportunity get away!
Listed by
Listing Agent - Brian Thorndyke
Listing Office - RE/MAX Parkside Real Estate
Source: CRMLS mls logo
MLS#NS18277496 • last updated 7 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1748
Lot Size (SqFt) 7613
Year Built 1953
Interior
Appliances Dishwasher, Free Standing Range, Refrigerator
Interior Features Beamed Ceilings, Formica Counters
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 1664
Roof Membrane
Parking Driveway - Concrete, Garage - Front Entry
# Parking Spaces 2
# Garage Spaces 2
Lot Description Front Yard, Lot 6500-9999
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric 220V In Laundry
Spa None
Pool None
Location
County San Luis Obispo
Community Features Curbs, Sidewalks
Subdivision PR City Limits East(110), PR City Limits East(110)
Directions Take 13th St/Creston Rd East Of S River Rd., Turn Right On First Ferro Lane, Propety On Right Side
APN 9342013
Multifamily Details
Gross Income 34500
Gross Scheduled Income 34500
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$750K
Range: $683K-$817K
Last 30 days 
Rental est.: $1,932/month
Gross rent multiplier: 18.1
  • Feb 2019
    Public Records
  • Feb 15, 2019 Sold
    $420,000
  • Feb 2019
    mls logo MLS # NS18277496
  • Feb 15, 2019 Sold
    $420,000
  • Feb 15, 2019 Sold
    $420,000 (-1.2%)
  • Dec 21, 2018 Pending
    —
  • Nov 19, 2018 Listed
    $425,000
  • Nov 19, 2018 Listed
    $425,000
  • Year Property taxes Tax assessment
  • 2024
    $5,107 +1.7%
    $459,325 +2.0%
  • 2023
    $5,023 +1.5%
    $450,320
  • 2022
    $4,949 +1.7%
    $450,320 +4.04%
  • 2021
    $4,864 +1.4%
    $432,837 +1.04%
  • 2020
    $4,798 +251.0%
    $428,400
  • 2019
    $1,367 +1.4%
    $428,400 +252.91%
  • 2018
    $1,348 +6.3%
    $121,390 +2.0%
  • 2017
    $1,268 +2.0%
    $119,010 +4.04%
  • 2016
    $1,243 +0.4%
    $114,391
  • 2015
    $1,239
    —
  • 518 Ferro Ln
    $420K
  • —
  • 93446
    $892K 0% y/y
  • Paso Robles
    $893K 0% y/y
No chart available
Statistics calculated by Movoto

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

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  • Real Estate
  • CA
  • San Luis Obispo County
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  • 518 Ferro Ln
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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