Adorable Westside house + studio ADU and separate duplex! Located just a few blocks South of the vibrant Paso Robles downtown district, this offering includes a tastefully remodeled 2 bedroom, 1 bath 1940's home, a modest studio unit, and a sizable and newer block-construction building with two additional residential units. All together, there are 4 units on this street-to-alley T3-N (multi-family) lot - all within short walking distance to restaurants, banking, shopping and recreation. Property also includes a recently installed 15.3 Kw (owned) solar power system, providing additional monthly revenue to the property owner. Please note that the photos of the house were taken approx. 2-3 years ago, prior to the current tenant moving in (the house will be vacated and freshened back up by Nov 1). About the home, it had a very elaborate remodel completed within the last 3 years, including all new kitchen and bath appointments, floor and wall coverings (hand-troweled drywall for a contemporary touch), windows, doors and hardware, plumbing, HVAC, etc. At approx. 800SF, it is cozy, but absolutely cute as a button! It also has a spacious walk-in basement - ideal for storage or to develop an ultimate wine cellar! Whether you choose to rent it again, live in it as your full time residence or use it as a second home in Paso wine country, it will treat you well. Behind the home is a vintage (70ish year old) 350SF Studio unit, currently rented to a long-term tenant at $800/month. It includes a 3/4 bath, fun tongue & groove pine ceiling and wall details, and a recently installed Mini-split HVAC. And then there is the duplex, accessed off the alley. This 36' x 50' structure was built in 1989 and includes two LARGE 1-bedroom units (est. 900SF each) with voluminous (16' tall) attached garages. One of the tenants has been here for 18 years now, while the other has been here just a year and a half ($1,389 and $1,400/mo respectively). The tenants seem to gel cohesively, which is nice with a multi-unit property. Together with the solar power income, this property generates approx. $3,700/mo (that is WITHOUT the front house, presuming you chose to live in it yourself). Add another $1,800+ if you rent it out as well. T3-N zoning DOES allow for vacation rental use although some property changes and a license would be required. Please note the Bedrooms/Bath count and SqFt is a COMBINED count. Offer deadline is Wed, 11/3/2021 at 5pm.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
