2015 Oak, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 2 bath
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Paso Robles, California 93446
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $975,000—positioned well above the $683,985 Fair Market Value by -42%. While priced at a premium, the property features a transferable short-term rental permit and a Condition Rating of 3, ensuring immediate operational viability. The site layout includes a 2-car garage and private patio spaces, maximizing rental appeal near downtown Paso Robles. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile income-generating residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2015 Oak Subject | $975,000* List Price | 3 | 2 | 1,360 | $503 | - |
A 102 Via Promesa Active | $725,000 List Price | 3 | 2 | 1,325 | $547 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1935, the property has been well-maintained and updated for use as a short-term rental. Interior photos show modern laminate flooring and the installation of a contemporary mini-split HVAC system. The exterior, windows, and grounds appear in solid condition, making it move-in ready, though some utility areas like the laundry show older cabinetry from a previous renovation cycle.
The property features two separate residences on a single lot with a rare transferable short-term rental permit, offering exceptional versatility for investors or multi-generational living.
Ideally located within walking or biking distance to downtown Paso Robles, providing immediate access to the area's renowned restaurants, tasting rooms, and boutiques.
The lot is thoughtfully designed with alley access, a two-car garage, additional rear parking, and private outdoor spaces for both units, ensuring privacy and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1360, other record living area = 860. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1935, the property may require ongoing maintenance or updates to aging systems and structural elements typical of homes from this era.
At a list price of $975,000 for 1,360 square feet, the property carries a premium price point that may be difficult to justify for buyers focused strictly on square footage.
A rare and versatile opportunity in the heart of Paso Robles, this delightful property features two homes on one lot, each with its own private outdoor space and transferable short-term rental permit, making it an exceptional find for investors, multi-generational living, or anyone seeking a home with income potential. The front home offers 2 bedrooms and 1 bathroom, filled with warmth and character, while the rear unit—attached to the 2-car garage—includes 1 bedroom and 1 bathroom, creating a perfect guest house, rental, or private retreat. Each residence enjoys its own yard or patio area, giving both spaces a sense of privacy and comfort. With alley access and additional rear parking, the property is as functional as it is inviting. And the location is hard to beat, just an easy walk or bike ride to downtown Paso Robles, where you can enjoy the town’s vibrant restaurants, tasting rooms, shops, and local charm. Whether you’re looking for a smart investment, a live-in-one/rent-the-other setup, or a unique property to share with family and guests, this Paso Robles gem offers flexibility, convenience, and endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,360 | 1,825.5 |
| Lot Size | 7,000 | 7,383.5 |
| Price | $975.0K | $795.9K |
| Price per sq ft | $717 | $449 |
| Built year | 1935 | 1987 |
| HOA | $0 | $180 |
| Days on market | 20 | 60 |
Jul 2, 2026
$975,000
Initial Listing
Oct 14, 1998
$112,500
Public Record