NOT LISTED FOR SALE

414 4th St Paso Robles, CA 93446

18 Beds
9 Baths
7,140 Sq Ft
22,499 Sq Ft Lot

Last Sold January 17, 2020

Last sale price $1,350,000 $189 Per Sq Ft

15 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Paso Robles High School Rated A-
  • Tile Countertops
  • Central Heating and Cooling System

About This Home

As of January 2020

Great chance to own single level multi-family units in Paso Robles. These 9 apartments are each 2 bedroom 1 bath. They are comprises of 3 separate buildings, 3 apartments per building, all under one assessor parcel number (APN). Square footage of apartments are: 3 at 780sq ft, 3 at 793sq ft and 3 at 887sq ft. Additional building addresses of the 414 4th St property include: 408 4th St and 420 4th St. Includes off street parking and a coin operated common laundry room. Mature oak and pine trees are located throughout the property. Family owned for years with long term tenants. Great south side location. Close to downtown, shopping, freeway access and vine country! *Adjoining parcels are for sale located at 329, 335, 345 Vine st. See MLS listing SP19193834. Information deemed reliable but not verified.

Last Agent to Sell the Property

Kim Wurster

BHGRE HAVEN PROPERTIES License #01018025 Listed on: 08/19/2019

BHGRE HAVEN PROPERTIES

Co-Listed By

Kurtis Wurster

BHGRE HAVEN PROPERTIES License #01931796

Last Buyer's Agent

Corban Holland

Pacifica Commercial Realty License #01836854

Pacifica Commercial Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 22,500 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 7,140 Sq Ft Home
  • Property Attached
  • Stucco

Kitchen

  • Gas Range
  • Tile Countertops
  • Laminate Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 18 Bedrooms
  • All Bedrooms Down
  • 9 Bathrooms

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Parking Available
  • Driveway Down Slope From Street
  • Gravel Driveway
  • Driveway Level

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 141
  • Assessor Parcel Number 009253008

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,210
  • Insurance Expense $4,706
  • Professional Management Expense $1,100
  • Trash Expense $1,920
  • Water Sewer Expense $7,596
  • New Taxes Expense $19,250
  • Operating Expense $37,782
  • Gross Income $92,700
  • Net Operating Income $51,318

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.52 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1100.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: PR City Limits West(120)
  • Water Sewer Expenses: 7596.00
  • Property Type: Residential Income
  • Gardener Expense: 3210.00
  • Parcel Number: 009253008
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formica Counters, Laminate Counters, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Price Per Square Foot: 189.08
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Gravel, Driveway Down Slope From Street, Driveway Level
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 15.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22500.00
  • Lot Size Acres: 0.5165

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 92700.00
  • Gross Scheduled Income: 89100.00
  • Insurance Expense: 4706.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3600.00
  • Lot Size Area: 22500.0000 Square Feet
  • Net Operating Income: 51318.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Number With Carpet: 9
  • Number With Range: 9
  • Operating Expense: 37782.00
  • Rent Control: No
  • Total Actual Rent: 7425.00
  • Total Expenses: 37782.00

Tax Info

  • New Taxes Expense: 19250.00
  • Tax Block: 141
  • Tax Census Tract: 101.01
  • Tax Lot: 10
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Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $1,350,000 -22.9% $189 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $1,750,000 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,092 $1,476,419 $382,774 $1,093,645
2024 $15,830 $1,447,470 $375,269 $1,072,201
2023 $15,830 $1,419,089 $367,911 $1,051,178
2022 $15,594 $1,391,265 $360,698 $1,030,567
2021 $15,328 $1,363,986 $353,626 $1,010,360
2020 $2,469 $220,421 $30,108 $190,313
2019 $2,434 $216,100 $29,518 $186,582
2018 $2,401 $211,864 $28,940 $182,924
2017 $2,257 $207,711 $28,373 $179,338
2016 $2,213 $203,639 $27,817 $175,822
2015 $2,205 $200,581 $27,400 $173,181
2014 $2,128 $196,653 $26,864 $169,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP19193921

California Regional Multiple Listing Service (CRMLS)

APN: 009-253-008

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