1545 Park Street, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 1 bath
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Paso Robles, California 93446
This Historic Downtown Mixed-Use Asset is listed at $750,000, representing a premium acquisition in the heart of Paso Robles. While the price exceeds the $621,134 Fair Market Value, the property’s Fair Condition Rating and 1900s infrastructure offer a significant Value-Add opportunity. The Commercial Versatility of the layout, combined with potential for increased square footage based on public record discrepancies, provides a clear path for forced appreciation through modernization. Featuring a Neighborhood View near the Paso Robles Joint Unified district, this is a strategic asset for Value-Add Investors or Small Business Owners seeking a flagship downtown location.
Property is moderate renovation needed.
Built in 1900, this property is well-maintained but significantly dated. The kitchen features older tile countertops and electric coil appliances, and the interior finishes like the commercial-grade carpet and lighting are past their prime. While the exterior and roof appear to be in good condition, the home requires modernization of the kitchen, bath, and likely the underlying systems to meet current residential standards.
Situated in the heart of Paso Robles, the property is within walking distance to top-tier restaurants, tasting rooms, and boutiques, offering high visibility and lifestyle convenience.
The property's layout and location allow for a seamless transition between commercial business use and residential living, making it an ideal asset for investors or entrepreneurs.
Built in 1900, this classic gem features timeless architectural details and exceptional curb appeal, including a signature wide front porch that adds significant character and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1290, other record living area = 2090. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
With only one bathroom serving three bedrooms, the current configuration may be insufficient for modern residential standards or high-traffic commercial operations.
Given its 1900 construction date, the property likely requires modernization of core systems and structural updates to meet contemporary building codes and efficiency standards.
Rare downtown Paso Robles opportunity! A classic gem built circa 1900, 1545 Park Street is a charming craftsman-style home with incredible potential for the investor, small business owner or visionary homeowner. The approximately 1290 sq. ft 3 bedroom, 1 bath property blends vintage character with standout curb appeal. Imagine the wide front porch with white wicker furniture - the perfect spot to sit and sip wine on a warm day. The interior layout offers versatility for continued commercial use or a return to residential living with minor modifications. With its desirable location near to restaurants, tasting rooms, boutiques and parks, this property is unbeatable. Live, work, invest - or do all three!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,290 | 1,774 | 21% |
| Lot Size | 4,000 | 8,750 | 7% |
| Price | $750.0K | $780.0K | 42% |
| Price per sq ft | $581 | $456 | 91% |
| Built year | 1900 | 1990 | 0% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 175 | 0% |
Apr 6, 2026
$750,000
Initial Listing