1545 Park Street, Paso Robles, California 93446, Paso Robles, 93446 - 5 bed, 2 bath
1545 Park Street
Paso Robles, California 93446
Property Price
SUMMARY
Analysis of 1545 Park Street, Paso Robles, California 93446 is currently available with a list price of $1,099,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Paso Robles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1900, the property is well-maintained but currently configured as a commercial office, requiring modifications to return to residential use. While images show updated flooring and clean interior paint, the age of the structure and the low bathroom-to-bedroom ratio suggest that major systems and residential amenities like the kitchen are likely dated or require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in a highly desirable downtown corridor, the property offers exceptional walkability to Paso Robles' renowned restaurants, tasting rooms, and boutiques, maximizing its appeal for both residents and businesses.
- Dual-Parcel Versatility
The inclusion of two neighboring parcels with separate residences provides unique flexibility for rental income, multi-generational living, or a live-work setup in a single investment.
- Mixed-Use Potential
Currently configured as a chiropractic office, the property’s layout and zoning allow for a seamless transition between commercial use and residential living, catering to a wide range of buyer needs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7607, other record lot size in square feet = 4000.
- Historic Maintenance Requirements
Built in 1900, the vintage structures may require significant ongoing maintenance or costly upgrades to modern electrical, plumbing, and HVAC systems to meet current standards.
- Limited Bathroom Count
With only two bathrooms serving a total of five bedrooms across both units, the low bathroom-to-bedroom ratio may be a drawback for larger families or high-traffic commercial operations.
About 1545 Park Street
Rare Downtown Paso Robles Opportunity! Two neighboring parcels offered in one package deal! Unlock the potential of 1545 Park Street & 732-16th Street. Whether you're an investor, small-business owner or a visionary homeowner, this pairing offers charm, flexibility & prime location. 1545 Park Street is a classic Paso Robles gem built circa 1900. This approximately 1290 sq. ft. 3 bedroom, 1 bath property blends vintage character with standout curb appeal. Currently be operating as a chiropractic office, the layout offers versatility for continued commercial use or a return to residential living with minor modifications. 732 -16th Street - Just steps away on the adjoining parcel, this cozy 2 bedroom, 1 bath home provides additional living space, rental income potential or office extension. Together these neighboring parcels create an exceptional opportunity in one of Paso Robles' most desirable downtown corridors. Walkable to restaurants, tasting rooms, boutiques and parks, the location is unbeatable. Live, work, invest - or do all three!
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1900
- Lot Size
- 7,607 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1900 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 9, 2026
$1,099,000
Initial Listing