1405 Chestnut Street, Paso Robles

$1,070,000

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5 Beds
3 Baths
.16 Acre
1 Garage

Located on a coveted street in downtown Paso Robles, 1405 Chestnut St represents an exceptional investment opportunity teeming with rental potential. This property showcases an updated main home, boasting timeless architecture, alongside an attached studio unit and a detached ADU.



The main home, a charming 2-bedroom, 1-bath abode, radiates comfort and character, making it suitable for both long-term and short-term rentals (ensure compliance with local regulations). Meanwhile, the attached unit offers added flexibility to meet the diverse needs of the Paso Robles market. Although the detached ADU requires some attention, it presents an exciting opportunity for renovation and increased rental income.



Envision yourself on the front porch, relishing the enchanting Paso Robles evenings with a glass of local wine in hand, engaging in pleasant conversations with neighbors enjoying their evening strolls. Positioned in downtown Paso Robles, this property grants effortless access to lively shops, eateries, and entertainment venues.



Whether you're a seasoned investor or a first-time buyer eager to capitalize on rental income, this property brims with potential. Seize this opportunity and make 1405 Chestnut St your next investment venture.

Essential Information

MLS® #
SC24088382
Price
$1,070,000
Bedrooms
5
Bathrooms
3.00
Acres
0.16
Year Built
1918
Type
Residential Income
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
1405 Chestnut Street
Area
PRIC - PR Inside City Limit
Subdivision
PR City Limits West(120)
City
Paso Robles
County
San Luis Obispo
Zip Code
93446
Community Features
Suburban
Senior Community
N

Amenities

Parking Spaces
1
# of Garages
1
View
Neighborhood
Pool
None

Interior

Interior Features
All Bedrooms Down
Heating
Central
Cooling
Central Air
Fireplace
Yes
Fireplaces
Family Room
# of Stories
1
Stories
One

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
February 26th, 2023
Days on Market
16
Zoning
R1

Listing Details

Agent
Chloe Gannage

Office

Christie's International Real Estate Sereno

Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 9:10pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.