NOT LISTED FOR SALE
7 Beds
4 Baths
2,949 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: January 22, 2021

Last sale price $665,000 $226 Per Sq Ft

About This Home

As of January 2021

Attention All Investors! If you are looking for a great investment property, look no further. Located at the Northern end of Paso Robles, this quaint multi-family residential income property offers great investment potential. Situated on a 16,950 square foot double lot, with plenty of parking and four total units. Three of the units feature two bedrooms and one bath. The fourth unit is a one bedroom and one bath. Strong rental history, with total current rents bringing in approximately $4,025 per month. Take advantage of the numerous possibilities this multi-family property has to offer.

Last Agent to Sell the Property

Jennifer Rogers

RE/MAX Parkside Real Estate License #01773813 Listed on: 01/25/2021

RE/MAX Parkside Real Estate

Last Buyer's Agent

Kevin Zepeda

Res Com Services License #01371903

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 16,950 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,949 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 5 / 203
  • Assessor Parcel Number 008081015

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Pr City Limits West Subdivision

Building Details

  • 4 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,550
  • Fuel Expense $1,300
  • Professional Management Expense $3,600
  • Trash Expense $1,400
  • Water Sewer Expense $4,700
  • New Taxes Expense $3,450
  • Operating Expense $22,000
  • Gross Income $48,000
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.39 Acres

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Subdivision Name Other: PR City Limits West(120)
  • Water Sewer Expenses: 4700.00
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 008081015
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 225.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 16950.00
  • Lot Size Acres: 0.3891

Multi Family

  • Electric Expense: 4550.00
  • Fuel Expense: 1300.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 16950.0000 Square Feet
  • Net Operating Income: 26000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22000.00
  • Rent Control: Yes
  • Total Actual Rent: 4025.00
  • Total Expenses: 22000.00

Tax Info

  • New Taxes Expense: 3450.00
  • Tax Block: 203
  • Tax Census Tract: 101.02
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Bought by

Purchase Details

Listed on
Jan 25, 2021
Closed on
Dec 21, 2020
Sold by
Bought by
Seller's Agent
Jennifer Rogers
RE/MAX Parkside Real Estate
Buyer's Agent
Kevin Zepeda
Res Com Services
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
0.0467%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
0.0467%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
0.0775%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 1997
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$665,000 Fidelity National Title Co
$155,000 None Available
-- First American Title Company
-- First American Title Company
-- --
-- First American Title Ins Co
$125,000 Fidelity National Title Co
$55,933 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $630,000
Previous Owner $498,750
Previous Owner $290,000
Previous Owner $143,000
Previous Owner $114,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 For Sale $675,000 +1.5% $229 / Sq Ft
01/22/2021 01/22/21 Sold $665,000 -- $226 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,971 $719,816 $297,668 $422,148
2024 $7,718 $705,703 $291,832 $413,871
2023 $7,718 $691,866 $286,110 $405,756
2022 $7,603 $678,300 $280,500 $397,800
2021 $3,397 $302,267 $105,895 $196,372
2020 $3,351 $299,169 $104,810 $194,359
2019 $3,303 $293,304 $102,755 $190,549
2018 $3,258 $287,554 $100,741 $186,813
2017 $3,064 $281,916 $98,766 $183,150
2016 $1,799 $165,524 $66,209 $99,315
2015 $1,792 $163,039 $65,215 $97,824
2014 $1,730 $159,846 $63,938 $95,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21015518

California Regional Multiple Listing Service (CRMLS)

APN: 008-081-015

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