NOT LISTED FOR SALE

1546 Olive St Paso Robles, CA 93446

Estimated Value: $824,000 - $1,025,000

3 Beds
2 Baths
1,352 Sq Ft
$662/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $750,000 $555 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,950/month

20 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Living Room
  • Paso Robles High School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2022

Olive Street Duplex with prime location in downtown Paso Robles and in the heart of wine country. This desirable multi-unit westside home was built in 1924 and offers over 1352 +/- square feet of living space on a 5000 +/- square foot corner city lot. The main front unit with covered porch, 1546 Olive, features 2 bedrooms and 1 bathrooms with updated kitchen, windows, flooring, and more. The secondary unit, 406 16th Street, is a 1 bedroom and 1 bathroom home with galley kitchen with tiled counters, hardwood flooring, private yard, and much more. The lower basement area has potential for an additional unit and opens onto the lower level back yard. Zoned R2 and located is area that is currently being considered for an expansion of the uptown specific plan, please check with city for update. Potential abound on this owner occupied corner lot with room to expand the home or add ADU/JADU for additional dwelling units. Home share the property or apply for a Short Term Rental License with current wait list of 34 +/-. Multiple income potential on multiple units and prime location, along with a motivated seller makes this an ideal opportunity with flexible options.

Last Agent to Sell the Property

Lisa J Lewis

Richardson Sotheby's International Realty License #01492410 Listed on: 04/22/2022

Last Buyer's Agent

Alessandra McGuckin

Richardson Sotheby's International Realty License #01993980

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,000 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,352 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Pr City Limits West Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 153
  • Assessor Parcel Number 008318001

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: PR City Limits West(120)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 008318001
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1352.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 554.73
  • Room Type: All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 153
  • Tax Census Tract: 101.03
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Mejia Luis Enrique Torres and Gaisi Nora Angela
Bought by
Enrique Torres Mejia Living Trust and Mejia
Current Estimated Value
$816,353

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 16, 2022
Sold by
Kelly Chryss
Bought by
Mejia Luis Enrique Torr and De Torres Nora
Seller's Agent
Lisa J Lewis
Richardson Sotheby's International Realty
Buyer's Agent
Alessandra McGuckin
Richardson Sotheby's International Realty
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$562,500
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
Gonzalez Erica Yolanda
Bought by
Angel Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2017
Sold by
Mission Rentals
Bought by
Chryss Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2015
Sold by
Tognazzini Paul Anthony and Tohnazzini Frances Fallon
Bought by
Paul & Frances Tognazzini Revocable Trus

Purchase Details

Closed on
Aug 4, 2015
Sold by
Esquivel Guadalupe F and The Guadalupe F Esquivel Trust
Bought by
Mission Rentals

Purchase Details

Closed on
Mar 30, 2015
Sold by
Esquivel Guadalupe
Bought by
Esquivel Guadalupe F and Guadalupe F Esquivel Trust

Purchase Details

Closed on
Nov 28, 2001
Sold by
Tognazzini Paul A
Bought by
Tognazzini Paul A and Tognazzini Frances F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.67%

Purchase Details

Closed on
Apr 7, 1994
Sold by
Esquivel Lesley Anne
Bought by
Esquivel Guadalupe F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Enrique Torres Mejia Living Trust -- None Listed On Document
Mejia Luis Enrique Torr $750,000 Fidelity National Title
Angel Beverly $80,000 First American Title Co
Chryss Kelly $550,000 Placer Title Company
Paul & Frances Tognazzini Revocable Trus -- None Available
Tognazzini Paul Anthony -- None Available
Mission Rentals -- None Available
Esquivel Guadalupe F -- Public
Tognazzini Paul A -- First American Title Ins Co
Esquivel Guadalupe F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mejia Luis Enrique Torr $562,500
Previous Owner Angel Beverly $45,000
Previous Owner Chryss Kelly $495,000
Previous Owner Tognazzini Paul A $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $750,000 -3.2% $555 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $775,000 -- $573 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,675 $795,905 $318,362 $477,543
2024 $8,533 $780,300 $312,120 $468,180
2023 $8,533 $765,000 $306,000 $459,000
2022 $6,610 $589,709 $321,660 $268,049
2021 $6,822 $578,147 $315,353 $262,794
2020 $6,409 $572,220 $312,120 $260,100
2019 $6,318 $561,000 $306,000 $255,000
2018 $6,232 $550,000 $300,000 $250,000
2017 $3,215 $295,800 $153,000 $142,800
2016 $3,152 $290,000 $150,000 $140,000
2015 $1,571 $142,925 $53,008 $89,917
2014 $1,516 $140,126 $51,970 $88,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS22082429

California Regional Multiple Listing Service (CRMLS)

APN: 008-318-001