
Paso Robles, California 93446
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $975,000—positioned above the $818,923 Fair Market Value. While priced for its premium Condition Rating of 2 and recent full-gut renovation, the R2-zoned lot and proximity to downtown ensure long-term stability. Featuring modern LVP flooring and energy-efficient mini-splits, this asset offers immediate cash flow from a $3,000/month lease. With its private outdoor spaces and hillside views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 528 Creston Subject | $975,000* List Price | 4 | 2 | 1,664 | $492 | - |
A 107 Capitol Hill Drive Sold | $750,000 | 0 | 0 | 1,822 | $412 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1953, this duplex has undergone a full gut renovation within the last 5 years. The interiors feature modern shaker cabinetry, updated bathrooms, new LVP flooring, and energy-efficient mini-split HVAC systems, meeting the criteria for a mint-condition, turnkey property.
Both units have been fully gutted and thoughtfully remodeled, offering a modern, move-in-ready experience that eliminates the need for immediate capital improvements.
Located less than a mile from Downtown Paso Robles, the property is ideally situated near world-class dining, wine tasting, and boutique shopping, ensuring high tenant desirability.
With one unit already generating $3,000/month and R2 zoning, the property provides immediate cash flow and versatile options for house-hacking, multi-generational living, or a full investment portfolio.
Each unit contains only one bathroom, which may be a competitive disadvantage for families or high-end renters compared to newer developments with multiple baths.
The property has seen a substantial price increase from its early 2024 sale price of $650,000, suggesting the current list price captures most of the post-renovation equity upside.
Rare turnkey duplex opportunity just moments from the heart of Downtown Paso Robles! Set on a generous 7,250 SF R2-zoned lot, this beautifully renovated duplex offers flexibility, income potential, and location all in one compelling package. Both 2-bedroom, 1-bath units have been fully gutted and thoughtfully remodeled, creating a clean, updated living experience for owners and tenants alike. One unit is currently leased at $3,000/month, providing immediate income, while the vacant front unit presents exciting options—owner-occupy and let rental income help offset your mortgage, lease both units for stronger cash flow, or create a multigenerational living setup. The front unit enjoys its own private front yard, while the rear unit features a separate backyard, giving each residence its own outdoor space and added privacy. Located under a mile from vibrant Downtown Paso Robles, you’re just a short stroll from renowned restaurants, wine tasting, boutique shopping, and everything this sought-after destination has to offer. Whether you're an investor seeking a turnkey income property or a buyer looking for a smart live/work or house-hack opportunity, this is a rare find in an exceptional location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,664 | - |
| Lot Size | 7,250 | - |
| Price | $975.0K | $929.1K |
| Price per sq ft | $586 | $439 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 64 | 77 |
May 22, 2026
$975,000
Initial Listing
May 19, 2026
$895,000
Initial Listing
Mar 12, 2024
$650,000
Public Record
Oct 11, 2016
$399,000
Public Record
Oct 9, 2015
$350,000
Public Record
Mar 11, 2015
$215,000
Public Record