503 Oak St Paso Robles, CA 93446
Paso Robles AreaEstimated payment $7,552/month
Highlights
- Corner Lot
- No HOA
- Laundry Room
- Paso Robles High School Rated A-
- Neighborhood Views
- Forced Air Heating and Cooling System
About This Home
Updated and Remodeled Downtown Income Pair with Two Transferable Vacation Rental Licenses. On a corner lot in the heart of historic Paso Robles sits a rare pairing: two updated homes, two transferable vacation rental licenses, and the freedom to run them together for group stays or apart for two income streams. The 6,970 square foot lot offers ample parking, low maintenance landscaping, a detached two car garage, and a storage shed with the bones to become an office or studio. The primary residence is a 1920s Craftsman, two bedrooms and two baths, remodeled to bring period charm up to today's standards. A landscaped walkway leads to a covered country porch, and hardwood floors carry through a warm living room, into the dining room, and out to a sun filled sunroom. The kitchen anchors the home: Blue Point professional appliances, stainless accents, butcher block counters, and a white subway tile backsplash, with laundry and direct backyard access close by. Both bedrooms are generously sized, the baths are finished with care, and a large basement leaves room for a wine cellar or future expansion. The second home, a one bedroom, one bath ADU, has its own private entrance and a quiet fenced backyard, a bright retreat suited to short term guests or visiting family. Two addresses, one lot, and licensing already in place. This is a chance to own a downtown Paso Robles income property that's been done right, with the flexibility to shape it around exactly how you want to use it.
Listing Agent
Luxton Real Estate Brokerage Phone: 805-391-0241 License #01905914 Listed on: 09/16/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
- Slab Foundation
Interior Spaces
- 1,942 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Neighborhood Views
- Laundry Room
- Basement
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Additional Features
- Exterior Lighting
- Forced Air Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 6 / 134
- Assessor Parcel Number 009254012
Community Details
Overview
- No Home Owners Association
- Pr City Limits West Subdivision
Amenities
- Laundry Facilities
Map
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 | $11,012 | $1,014,390 | $364,140 | $650,250 |
| 2025 | $7,994 | $994,500 | $357,000 | $637,500 |
| 2024 | $7,864 | $719,068 | $273,408 | $445,660 |
| 2023 | $7,864 | $704,970 | $268,048 | $436,922 |
| 2022 | $7,747 | $691,148 | $262,793 | $428,355 |
| 2021 | $7,615 | $677,597 | $257,641 | $419,956 |
| 2020 | $7,511 | $670,650 | $255,000 | $415,650 |
| 2019 | $5,169 | $459,000 | $300,900 | $158,100 |
| 2018 | $5,099 | $450,000 | $295,000 | $155,000 |
| 2017 | $1,246 | $121,680 | $48,776 | $72,904 |
| 2016 | $1,220 | $119,295 | $47,820 | $71,475 |
| 2015 | $1,215 | $117,504 | $47,102 | $70,402 |
| 2014 | $1,171 | $115,203 | $46,180 | $69,023 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2026 09/16/26 | For Sale | $1,250,000 | +28.2% | $644 / Sq Ft | |
| 01/16/2024 01/16/24 | Sold | $975,000 | -11.4% | $502 / Sq Ft | View Prior Sale |
| 12/22/2023 12/22/23 | Pending | -- | -- | -- | |
| 10/29/2023 10/29/23 | Price Changed | $1,100,000 | -4.3% | $566 / Sq Ft | |
| 09/25/2023 09/25/23 | Price Changed | $1,150,000 | 0.0% | $592 / Sq Ft | |
| 09/25/2023 09/25/23 | For Sale | $1,150,000 | -4.2% | $592 / Sq Ft | |
| 09/21/2023 09/21/23 | Pending | -- | -- | -- | |
| 09/12/2023 09/12/23 | For Sale | $1,200,000 | +166.7% | $618 / Sq Ft | |
| 12/01/2017 12/01/17 | Sold | $450,000 | -10.0% | $232 / Sq Ft | View Prior Sale |
| 10/06/2017 10/06/17 | For Sale | $499,900 | 0.0% | $257 / Sq Ft | |
| 09/17/2017 09/17/17 | Pending | -- | -- | -- | |
| 08/24/2017 08/24/17 | Price Changed | $499,900 | -8.9% | $257 / Sq Ft | |
| 08/03/2017 08/03/17 | For Sale | $549,000 | -- | $283 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Fidelity National Title | |
| Grant Deed | $975,000 | Fidelity National Title | |
| Grant Deed | $657,500 | Fidelity National Title Co | |
| Grant Deed | $450,000 | Placer Title Company | |
| Interfamily Deed Transfer | -- | First American Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $682,500 | New Conventional | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $47,489 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26203242
APN: 009-254-012
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Ask me questions while you tour the home.