309 & 311 15th Street, Paso Robles, California 93446, Paso Robles, 93446 - 0 bed, 0 bath
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Paso Robles, California 93446
This Westside Paso Robles Duplex functions as a versatile Residential Income Asset situated in a premier downtown-adjacent corridor. Listed at $875,000, the price reflects the high demand for the area despite a $799,361 Fair Market Value. The property holds a Condition Rating of 4, featuring functional 1975 finishes that present a clear Value-Add opportunity for modernization. With Private Patios, Double Carports, and Dual-Unit Versatility, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 & 311 15th Street Subject | $875,000* List Price | 0 | 0 | 2,100 | $381 | - |
A 107 Capitol Hill Drive Sold | $750,000 | 0 | 0 | 1,822 | $412 | 0.9 mi |
B 309 311 15th Street Active | $875,000 List Price | 4 | 3 | 2,100 | $417 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this duplex is in functional condition but remains largely outdated. The kitchens feature a mix of original dark wood and older painted cabinetry with laminate countertops and aged appliances. Interior finishes include popcorn ceilings, dated fluorescent light boxes, and visible wear on carpets. While the property has been maintained and features some flooring updates, it lacks the comprehensive modern renovations required for a higher rating.
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.
Featuring two distinct residential units (2BR/2BA and 2BR/1BA), the property offers flexible options for owner-occupancy with rental income, multi-generational living, or a pure investment play.
Rare for the area, both units include double carports with dedicated storage, supplemented by 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.
Built in 1975, the property may require capital improvements or modern cosmetic updates to compete with newer builds and maximize its long-term rental yield.
With two price reductions since the initial listing, the property has faced some market stagnation, suggesting that the current valuation is still being tested by 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,100 | 1,961 | 50% |
| Lot Size | 7,063 | 7,031.5 | 50% |
| Price | $875.0K | $812.5K | 50% |
| Price per sq ft | $417 | $447 | 50% |
| Built year | 1975 | 1978 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 178 | 25% |
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