732 16th Street, Paso Robles, California 93446, Paso Robles, 93446 - 2 bed, 1 bath
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Paso Robles, California 93446
This Historic Downtown Rehab Asset is listed at $415,000, positioned below the $417,791 Fair Market Value by 1%, offering $2,791 in Instant Equity. Carrying a Condition Rating 5, the 1900-built structure requires a comprehensive interior overhaul to modernize its dated systems and finishes. However, the Versatile Zoning for residential or office use and its location within the Paso Robles Joint Unified district provide significant value-add potential. Featuring a Private Patio and prime walkability to downtown, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 16th Street Subject | $415,000* List Price | 2 | 1 | 900 | $464 | - |
A 1517 Olive St. Pending | $475,000 List Price | 2 | 1 | 982 | $484 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900, this property shows significant age with very dated kitchen and bathroom facilities. Systems are outdated, featuring a wall heater instead of central HVAC and visible surface-mounted electrical conduit. The interior requires a full rehab to address the 30+ year old finishes and inefficient jalousie windows.
Situated in the heart of downtown Paso Robles, this property offers exceptional walkability to the city park, renowned wine tasting rooms, and top-tier dining.
The property's zoning allows for both residential and office use, providing significant flexibility for investors, small business owners, or owner-occupants.
With an adjacent lot also available for sale and a competitive entry-level price point, there is a unique opportunity for expansion or commercial development.
At approximately 900 square feet with only one bathroom, the compact footprint may be restrictive for modern families or those seeking spacious interiors.
Built in 1900, the home likely requires substantial modernization and structural updates to meet contemporary standards and maximize its 'potential' for the right buyer.
Charming small home in downtown Paso. Easy walk to restaurants, wine tasting rooms and vibrant city park! Two bedroom, one bath home of approximately 900 sq. ft. Lots of potential for the right buyer. Zoning allows for home or office use. Adjacent property at 1545 Park Street is also for sale. This one won't last at this price!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 900 | 1,790 | 3% |
| Lot Size | 3,607 | 8,370 | 4% |
| Price | $415.0K | $799.0K | 2% |
| Price per sq ft | $461 | $450 | 55% |
| Built year | 1900 | 1992 | 0% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 156 | 7% |
Apr 17, 2026
$415,000
Initial Listing