NOT LISTED FOR SALE
-- Bed
-- Bath
5,250 Sq Ft
0.93 Acre Lot

Sale Details

Date Sold: October 10, 2016

Last sale price $1,005,000 $191 Per Sq Ft

9 Days on Market

About This Home

As of October 2016

Marketing Remarks: 7 Units on 4th Street in Downtown Paso Robles, walking distance to City Park. Solid rental income in place with strong rental upside. Two detached homes, one duplex, and one triplex on 40,500 square foot lot. One 3 bedroom, four 2 bedrooms, one 1 bedroom & 1 studio. Separately metered for gas/electric. Units have fenced in yards/patios. Quiet area West of Vine Street surrounded by single family homes. Two new septic tanks installed a few years ago. On-site laundry.

Last Agent to Sell the Property

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 09/20/2016

Last Buyer's Agent

Leila Harrington

Leila Harrington, Broker License #01509429

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 40,502 Sq Ft Lot

Home Design

  • 5,250 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Utilities

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

Community Details

  • 7 Units
  • Net Operating Income $60,823

Listing and Financial Details

  • Assessor Parcel Number 018231006

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.93 Acres

Listing Details

  • CapRate: 5.50
  • Subdivision Name Other: PR City Limits West(120)
  • Property Type: Residential Income
  • Parcel Number: 018231006
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 191.43

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Utilities

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

Lot Info

  • Lot Size Sq Ft: 40502.00

Multi Family

  • Gross Multiplier: 12.20
  • Net Operating Income: 60823.00
  • Number Of Units Total: 7
  • Operating Expense: 29417.00

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
Feb 9, 2026
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2025
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2025
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2023
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
$1,700,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2023
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
$1,700,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
Sep 29, 2016
Sold by
Bought by
Seller's Agent
Guy Torelli
Torelli Investment Realty
Buyer's Agent
Leila Harrington
Leila Harrington, Broker
List Price
$1,100,000
Sold Price
$1,005,000
Premium/Discount to List
-$95,000
-8.64%

Purchase Details

Closed on
Sep 19, 2008
Sold by
Bought by

Purchase Details

Closed on
May 10, 2006
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
$370,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 1996
Sold by
Bought by
Source: Public Records

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
-- Fidelity National Title
$270,500 Accommodation/Courtesy Recordi
-- Accommodation/Courtesy Recordi
-- Fidelity National Title
$2,700,000 Fidelity National Title
$1,005,000 First American Title Company
-- First American Title Company
$858,000 Fidelity National Title Co
$190,000 First American Title
$172,596 Chicago Title
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 $1,700,000
Previous Owner $370,000
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
10/10/2016 10/10/16 Sold $1,005,000 -8.6% $191 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $1,100,000 -- $210 / Sq Ft
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
2026 $29,642 $2,779,628 $720,644 $2,058,984
2025 $29,140 $2,754,000 $714,000 $2,040,000
2024 $12,119 $2,700,000 $700,000 $2,000,000
2023 $12,119 $1,121,093 $429,473 $691,620
2022 $11,911 $1,099,111 $421,052 $678,059
2021 $11,677 $1,077,561 $412,797 $664,764
2020 $11,558 $1,066,513 $408,565 $657,948
2019 $11,331 $1,045,602 $400,554 $645,048
2018 $11,109 $1,025,100 $392,700 $632,400
2017 $10,403 $1,005,000 $385,000 $620,000
2016 $7,376 $712,520 $271,954 $440,566
2015 $7,263 $701,818 $267,869 $433,949
2014 $6,990 $688,071 $262,622 $425,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1071343

California Regional Multiple Listing Service (CRMLS)
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