309 311 15th Street, Paso Robles, California 93446, Paso Robles, 93446 - 4 bed, 3 bath
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Paso Robles, California 93446
This Westside Paso Robles Duplex represents a strategic Residential Income Asset listed at $875,000, matching its current $875,000 Fair Market Value. Following recent price adjustments, the listing offers a fair entry point into a high-demand area. Holding a Condition Rating of 4, the property provides significant value-add potential through the modernization of outdated kitchens and interior finishes. Its prime downtown proximity within the Paso Robles Joint Unified district, private patios, and unique alley access ensure long-term desirability. This is a calculated acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile house-hack.
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 | 4 | 3 | 2,100 | $417 | - |
A 309 & 311 15th Street Active | $875,000 List Price | 0 | 0 | 2,100 | $417 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property is functional but shows significant signs of age and deferred maintenance. Interior features include outdated kitchens with a mix of older appliances, popcorn ceilings, and worn carpeting that requires replacement. The bathrooms retain older vanities and fixtures, and the exterior carport and enclosed patio area show visible wear and unfinished elements. While the property is habitable, it requires cosmetic updates and modernization of major systems to meet current market standards.
Located in the highly desirable Westside, the property is just a short walk from downtown Paso Robles, offering easy access to the city park, premium restaurants, and wine tasting rooms.
The inclusion of alley access for the rear unit and separate double carports for both dwellings provides a level of privacy and convenience rarely found in standard duplex configurations.
With a spacious 1,200 sq. ft. front unit and a secondary back unit, this property is ideal for a house-hack owner-occupant or an investor looking to capitalize on the strong Paso Robles rental market.
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 likely requires modernization of its interior finishes and potential upgrades to major systems to command top-market rental rates.
The history of multiple price reductions from the original list price suggests that the property may have deferred maintenance or cosmetic needs that buyers are factoring into their offers.
Great westside Paso investment property! Located a short walk from downtown Paso with its beautiful city park, incredible restaurants and amazing wine tasting rooms, this charming duplex is on a tree-shaded lot in a quiet neighborhood. The front unit is a two bedroom, two bath of approximately 1200 sq. ft. and the back unit is a two bedroom, one bath. Both have double carports with storage. The back unit parking has alley access, providing privacy for the occupants of both units.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 1.0 | 75% |
| Baths | 3.0 | 0.5 | 75% |
| 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