309 & 311 15th Street, Paso Robles, California 93446, Paso Robles, 93446 - bed, bath
309 & 311 15th Street
Paso Robles, California 93446
Property Price
SUMMARY
Analysis of 309 & 311 15th Street, Paso Robles, California 93446 is currently available with a list price of $899,000. 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 1975, this duplex is well-maintained and functional but reflects its age through dated aesthetics. The kitchens feature older cabinetry and appliances, and the bathrooms, flooring, and light fixtures appear to be from a previous era of design (likely 20+ years old). While the property is clean and move-in ready, it lacks the recent extensive renovations required for a higher score and shows typical signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Westside Location
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 lifestyle appeal.
- Versatile Investment Potential
With two distinct units (a 1,250 sq. ft. 2BR/2BA and a 900 sq. ft. 2BR/1BA), the property offers flexible options for owner-occupancy with rental income, multi-generational living, or a traditional dual-stream investment.
- Superior Parking and Storage
The property features double carports with dedicated storage for both units, plus additional finished concrete parking with convenient alley access, a rare and valuable asset for downtown living.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1975, the property may require capital improvements or cosmetic updates to compete with modern builds and maximize its long-term appreciation and rental yield.
- Recent Price Adjustment
A recent price reduction from the original listing suggests the market is sensitive to the current valuation, which may indicate a longer-than-average time on market or a need for further negotiation.
About 309 & 311 15th Street
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1975
- Lot Size
- 7,063 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,100 | 1,822 | 60% |
| Lot Size | 7,063 | 7,063 | 50% |
| Price | $899.0K | $750.0K | 60% |
| Price per sq ft | $428 | $428 | 50% |
| Built year | 1975 | 1980 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 162 | 20% |
Pricing History
Listed for Sale
Feb 27, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
Price Change
Dec 12, 2025
$925,000
Initial Listing