NOT LISTED FOR SALE

1502 Pine St Paso Robles, CA 93446

-- Bed
-- Bath
7,224 Sq Ft
10,000 Sq Ft Lot

Last Sold November 26, 2014

Last sale price $1,100,000 $152 Per Sq Ft

237 Days on Market

Highlights

  • Corner Lot
  • Paso Robles High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2014

Marketing Remarks: Brokers/Agents: See Confidential Remarks! Seller just raised rents; 4.5% cash flow with 30% down at close and rents still 20% below market. 5 minute walk to City Park. Six 2 bedrooms and three 1 bedroom units. Units are split level; see photos. Carports and garages; remaining carports could easily be converted into garages. This neighborhood is undergoing a revitalization; old homes being renovated and the downtown commercial area has expanded to one block away. Nearby homes are selling for $360,000 to $425,000 and some are now listed in the high $400,000s to low $500,000s.

Last Agent to Sell the Property

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 08/01/2014

Last Buyer's Agent

Jim Irving

RE/MAX Parkside Real Estate License #00981882

RE/MAX Parkside Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • 7,224 Sq Ft Home
  • Shingle Roof

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 9 Units
  • Net Operating Income $65,676

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 008325005

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • CapRate: 5.60
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: APT
  • Property Type: Residential Income
  • Parcel Number: 008325005
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 152.27

Exterior Features

  • Roof: Shingle

Utilities

  • Heating Type: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved, Corner Lot
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 10.80
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 65676.00
  • Number Of Units Total: 9
  • Operating Expense: 39550.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $1,100,000 -15.1% $152 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $1,295,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Guy Torelli

    Torelli Investment Realty

  • Jim Irving

    Buyer's Agent in 2014

    Jim Irving

    RE/MAX

    (805) 610-7070

    45 Total Sales

    Jim Irving
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1040966

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County Paso Robles 93446

1502 Pine St, Paso Robles, CA

This home is located at 1502 Pine St, Paso Robles, CA 93446 since 01 August 2014. This property was built in 1977. 1502 Pine St is a home located in San Luis Obispo County with nearby schools including Glen Speck Elementary School, George H. Flamson Middle School, and Paso Robles High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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

Nearby Homes