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Prime Multi-Family/Commercial Mixed-Use Investment Property on two lots in Downtown Paso Robles. This exceptional mixed-use property is a rare find. Offering substantial income from 6 fully occupied units on two different parcels with potential for future rent increases. The first property is on a 14,048 sq ft lot and includes four Bungalows, a commercial building currently used as a dental office, and a garage/storage building. Each bungalow features 1 bedroom and 1 bathroom w/approx 900 sq. ft. All bungalows are fully occupied, on month-to-month rental agreements. Garage/storage building w/four spaces provides enclosed parking and storage for bungalow tenants. The commercial building is 1820 sq ft and leased as a dental office until 2027. The second parcel at 15,000 sq ft, includes a detached single-family residence w/ 2 bedrooms, 1 bathroom, approx 640 sq. ft. This home is currently in a one-year lease. This adjoining lot also incudes designated parking for the commercial building. This property presents a unique opportunity to own a versatile asset with multiple revenue streams in a highly desirable location. Don't miss out on this prime investment in downtown Paso Robles, two blocks from the downtown park, restaurants and shopping.
| Last Updated | 1/15/2025 | Community | PR Inside City Limit |
|---|---|---|---|
| County | San Luis Obispo |
Price History
| Prior to Jan 15, '25 | $3,500,000 |
|---|---|
| Jan 15, '25 - Today | $3,195,000 |
Additional Details
| AREA | PR Inside City Limit |
|---|---|
| CONSTRUCTION | Stucco |
| LOT | 0.67 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level |
| STORIES | 1 |
| WATER | Public |
Location
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/12/25 9:00 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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