240 Oak, Paso Robles, California 93446, Paso Robles, 93446 - 2 bed, 1 bath
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240 Oak
Paso Robles, California 93446
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,020Sq Ft
7,000Lot Size
Property Price
LIST PRICE$685,000
EST. MARKET VALUE
$614,149
11% AboveMARKET VALUE
SUMMARY
This Turnkey Investment Property is a High-Potential Investment Opportunity, listed at $685,000—positioned well above the $620,322 Fair Market Value by 10%. While priced at a premium, the property features T3N Zoning allowing for non-hosted short-term rental permits, providing significant income-generating potential. With a Condition Rating of 3, the home is move-in ready with modern HVAC and updated flooring. Its proximity to downtown Paso Robles and flexible usage make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing asset.
Estimated Market Value
$614,149
Based on Realkey algorithm analyzing recent comparable sales in Paso Robles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Oak Subject 2 bd · 1 ba · 1,020 sqft · $602 | $685,000* List Price | 2 | 1 | 1,020 | $602 | - |
A 127 Capitol Hill Sold 3 bd · 2 ba · 1,216 sqft · $493 · 0.9 mi | $600,000 | 3 | 2 | 1,216 | $493 | 0.9 mi |
B 516 Sacagawea Court Sold 3 bd · 2 ba · 1,295 sqft · $502 · 1.0 mi | $650,000 | 3 | 2 | 1,295 | $502 | 1.0 mi |
C 184 Bridgegate Sold 3 bd · 2 ba · 1,281 sqft · $543 · 0.8 mi | $695,000 | 3 | 2 | 1,281 | $543 | 0.8 mi |
D 125 Capitol Hill Active 2 bd · 1 ba · 729 sqft · $684 · 0.9 mi | $499,000 List Price | 2 | 1 | 729 | $684 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1951, the property is well-maintained, functional, and move-in ready. The kitchen features dated cabinetry and tile countertops, but benefits from updated vinyl plank flooring and newer appliances. The systems appear operational with a modern exterior HVAC unit, and the overall condition supports its turnkey marketing status.
About 240 Oak
Enjoy the Westside Paso Robles lifestyle just under a mile from Downtown. This charming 2-bedroom, 1-bath home sits on a 7,000± sq. ft. corner lot and is offered fully furnished and turnkey. The private, low-maintenance backyard provides a great space to relax or entertain, while the attached two-car garage offers added parking and storage. With downtown restaurants, tasting rooms, shopping and entertainment nearby, this home is well suited as a primary residence, second home or weekend getaway. Located within the T3N (Town Centre Neighborhood) zoning district, the property also offers buyers the opportunity to apply for a City of Paso Robles non-hosted short-term rental permit.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,020 | 1,827.602 |
| Lot Size | 7,000 | 8,814.944 |
| Price | $685.0K | $812.6K |
| Price per sq ft | $672 | $445 |
| Built year | 1951 | 1990 |
| HOA | $0 | $186 |
| Days on market | 79 | 66 |
Pricing History
Listed for Sale
Sep 8, 2026
$685,000
$725,000
-6% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$725,000
Initial Listing