309 & 311 15th Street, Paso Robles, California 93446, Paso Robles, 93446 - 0 bed, 0 bath
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Paso Robles, California 93446
This duplex presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well above the $828,624 Fair Market Value by -2%. While the property requires modernization, its Fair Condition Rating and prime Westside location offer significant value-add potential. The dual-unit configuration provides flexible utility, including double carports and private patio areas. This asset is well-suited for Buy-and-Hold Investors seeking rental demand or Owner-Occupants looking to offset mortgage costs through multi-generational living or supplemental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 & 311 15th Street Subject | $849,000* List Price | 0 | 0 | 2,100 | $388 | - |
A 309 311 15th Street Active | $799,900 List Price | 4 | 3 | 2,100 | $381 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 with no evidence of significant renovations in the last 30 years. Bathrooms are highly dated with original-style cabinetry and fixtures. The patio/enclosure area shows exposed framing and unfinished OSB, suggesting structural or safety issues that require rehab.
Situated in the highly desirable Westside of Paso Robles, this property is within walking distance to downtown restaurants, tasting rooms, and shopping, ensuring high tenant demand and long-term value.
The duplex configuration, featuring a 2BR/2BA front unit and a 2BR/1BA rear unit, provides flexible options for owner-occupancy with rental income, multi-generational living, or a pure investment play.
The property offers superior utility with double carports for both units, dedicated storage, and additional finished concrete parking with convenient alley access.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7063, other record lot size in square feet = 7000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 1580.
With over 180 days on the market and a history of multiple price reductions, the property may carry a 'stale' listing perception, potentially affecting its negotiating leverage.
Built in 1975, the property may require capital improvements or modernization of its systems and finishes to meet the expectations of contemporary tenants or buyers.
Well-located duplex on the desirable westside of Paso Robles. Within walking distance to downtown restaurants, tasting rooms, shopping and local amenities! This property offers two separate residential units with multiple use possibilities. The 1250 square foot front unit features 2 bedrooms & 2 baths with spacious living areas. A private outside patio area for barbequing and outdoor entertaining. The rear unit offers 2 bedrooms and 1 bath in approximately 900 square feet. The open kitchen-living area opens to a private patio area. Both units include double carports with storage. Extra parking is located in a finished concrete area with alley access. This property is suitable for owner-occupancy, rental income or multi-generational living. All located in an established neighborhood which is convenient to downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,100 | - |
| Lot Size | 7,063 | - |
| Price | $849.0K | $929.1K |
| Price per sq ft | $404 | $439 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 222 | 77 |
Apr 28, 2026
$849,000
$875,000
-3% Price Drop
Initial Listing
Mar 26, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
Feb 27, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
Dec 12, 2025
$925,000
Initial Listing
Jun 18, 1999
$180,000
Public Record