Seller's Agent in 2020
Kim Wurster
BHGRE HAVEN PROPERTIES
(805) 441-2112
47 Total Sales
240 Spring St Paso Robles, CA 93446
6
Beds
3
Baths
44,273
Sq Ft
2.81
Acres
Highlights
- Wood Flooring
- Corner Lot
- Laundry Room
- Paso Robles High School Rated A-
- No HOA
- 32 Detached Carport Spaces
About This Home
As of June 2020Attention Investors! This is a rare opportunity to own a large apartment complex in the city of Paso Robles. Located on the "Gateway" to Paso Robles, this Spring Street corner property includes 6 buildings with 54 apartments. The apartments consist of; (8) one bedroom, one bath, approx. 650 sqft, (42) two bedroom, one bath, approx. 900 sqft and (4) three bedroom, one bath, approx. 1,100 sqft. Including (32) covered parking spaces and additional on-site parking. Coin-operated laundry rooms for additional income. A small office space for management. The complex sits on approximately 2.81 acres and graced by majestic Oak trees. Located in the "Opportunity Zone" and zoned as TC-2 "Town Center Commercial Zoning District". Check with the City of Paso Robles about the possibility to add additional units. The apartments are just a few short blocks away from the downtown core.
Paso Robles is known for its world class restaurants, wineries, local Mid State Fair, Vina Robles Amphitheater, and the Equestrian event venue "Paso Robles Horse Park". Paso Robles has made a big name for itself! It is a great place to work, live and vacation! This is a fabulous opportunity to invest in an amazing location and provide much needed homes in a tight and competitive housing market.
Information deemed reliable but not verified.
Last Agent to Sell the Property
BHGRE HAVEN PROPERTIES License #01018025 Listed on: 02/28/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 2.81 Acre Lot
- Two or More Common Walls
- Corner Lot
- Level Lot
Home Design
- Apartment
- Raised Foundation
- Stucco
Interior Spaces
- 44,273 Sq Ft Home
- 2-Story Property
- Free-Standing Range
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 22 Open Parking Spaces
- 54 Parking Spaces
- 32 Detached Carport Spaces
- Parking Available
- Parking Lot
Additional Features
- Rain Gutters
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 009291005
- Tax Block 119
Community Details
Overview
- No Home Owners Association
- 6 Buildings
- 54 Units
Amenities
- Laundry Facilities
Building Details
- 55 Separate Electric Meters
- 58 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $600
- Fuel Expense $18,000
- Trash Expense $23,400
- Water Sewer Expense $110,400
- New Taxes Expense $97,900
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2020 06/11/20 | Sold | $7,725,000 | -13.2% | $174 / Sq Ft |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- |
| 02/28/2020 02/28/20 | For Sale | $8,900,000 | -- | $201 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kim Wurster
-
Kurtis Wurster
Seller Co-Listing Agent in 2020
Kurtis Wurster
BHGRE HAVEN PROPERTIES
(805) 441-1419
55 Total Sales
-
Anthony Aurignac
Buyer's Agent in 2020
Anthony Aurignac
Venture Real Estate
(805) 783-1000
53 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP20039444
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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
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