$1,699,000
PENDING $701K PRICE DROP

420 Creston Rd Paso Robles, CA 93446

Estimated payment $9,035/month

Total Views 10,305
4.3 Acres
$395,116 Price per Acre
187,308 Sq Ft Lot

Highlights

  • City Lights View
  • Paso Robles High School Rated A-
  • No HOA

About This Lot

Attention Developers and Investors! A rare find inside the city limits of Paso Robles to possibly develop 20 units in total, consisting of four triplexes and four duplexes right in the heart of the Creston Corridor. This well-located parcel is situated on +/- 5.5 Acres. As per the seller, this parcel has received entitlement from the city with permits prepared and ready to be paid for by the new buyer (subject to additional conditions) for the property buildout. The seller has spent over 2 years on planning, designing, revisions, attending public hearings and readying plans with local engineers and an architect. The plans for this property illustrate each unit consisting .of +/- 1248sqft, 3 bdrm/2ba with an open concept design. Additional amenities noted on the plans include kitchens offering an island, walk-in pantry, indoor laundry room, storage & balcony that may provide an additional +/- 300ft of storage space. The floor plan renderings offer a dramatically chic and upscale vibe utilizing wood, glass & metal finish. Located near grocery stores, schools, dining and a short walk to the historical downtown Paso Robles. Ask your agent for a property info packet that includes more detailed information. MLS# NS21228265 is also available offering similar renderings with a total 5 units, one triplex and one duplex, owner would prefer to sell both properties as a package.

Listing Agent

Michelle Brown

Merrill & Associates Real Estate Brokerage Phone: 805-226-5500 License #01455656 Listed on: 10/26/2021

Property Details

Property Type

  • Land

Lot Details

  • 4.3 Acre Lot
  • Density is 2-5 Units/Acre
  • 009541003; 009541008
  • Property is zoned R2

Property Views

  • City Lights
  • Woods
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Planned Development

Utilities

  • No Utilities
  • Water Not Available

Listing and Financial Details

  • Tax Lot M
  • Assessor Parcel Number 009541001

Community Details

Overview

  • No Home Owners Association
  • Pr City Limits East Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: PR City Limits East(110)
  • View: Yes
  • Zoning: R2
  • Property Type: Land
  • Parcel Number: 009541001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.07

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods

Utilities

  • Utilities: None
  • Water Source: None
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 009541003; 009541008
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 187308.00
  • Lot Size Acres: 4.3000

Multi Family

  • Lot Size Area: 4.3000 Acres

Tax Info

  • Tax Census Tract: 102.05
  • Tax Lot: M

Map

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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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 $2,543 $233,338 $233,338 --
2024 $2,502 $228,763 $228,763 --
2023 $2,502 $224,278 $224,278 $0
2022 $1,683 $150,107 $150,107 $0
2021 $1,736 $147,164 $147,164 $0
2020 $1,631 $145,656 $145,656 $0
2019 $2,068 $183,600 $142,800 $40,800
2018 $1,813 $160,000 $120,000 $40,000
2017 $1,550 $142,643 $63,396 $79,247
2016 $1,520 $139,847 $62,153 $77,694
2015 $1,514 $137,747 $61,220 $76,527
2014 $1,462 $135,049 $60,021 $75,028
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2023 11/07/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $1,699,000 -10.5% --
03/31/2023 03/31/23 For Sale $1,899,000 0.0% --
03/30/2023 03/30/23 Off Market $1,899,000 -- --
06/24/2022 06/24/22 Price Changed $1,899,000 -5.0% --
01/02/2022 01/02/22 Price Changed $1,999,000 -16.7% --
10/26/2021 10/26/21 For Sale $2,400,000 +247.8% --
03/23/2018 03/23/18 Sold $690,000 -0.7% $806 / Sq Ft View Prior Sale
02/13/2018 02/13/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $695,000 -- $812 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Placer Title
Grant Deed $690,000 Placer Title Co
Grant Deed $590,000 First American Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $483,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS21234433

California Regional Multiple Listing Service (CRMLS)

APN: 009-541-001