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408 3rd Street

Paso Robles, CA 93446
  • $1,450,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: NS22164318
UPDATED: 17 min ago
$1,450,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Mitch Culver of Re/Max Parkside Real Estate (805-239-3310)


Description

West Paso Robles in Old Town. Opportunity to purchase a triplex with in walking distance to the City Park and Restaurants & Shops. Owner purchased this property and transformed this property into three 2 bedroom 2 bath apartments. Each beautifully complete with its own private deck. Tall ceiling, clean lines, split pack Heat and air units, rail /hanging sliders and more with a modern touch. This property finished construction last year. There are additional plans into the city for 3 more units on the property, for a total of 6 units should the new owner choose to build. Per owner, permits are ready to pull at the city. Great location, great property! Perfect for long term investment, possibly keeping one of the residences for yourself if you like Wine Country visits. * Information from seller or seller's agents used to sell the property are believed to be from reliable sources but are not verified or guaranteed, purchaser agrees to verify all information through purchaser's hired professionals during property review. Please do not disturb tenants. Income and expense statement available upon request. Seller may effect a tax differed exchange.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T09:28:26.13. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131450160
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408 3rd Street Paso Robles, CA 93446

  • Price: $1,450,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 17 min ago
  • ID#: NS22164318
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1950
Built
Neighborhood:
Pr City Limits West(120)
County:
San Luis Obispo
Area:
Pric - Pr Inside City Limit
Property Description
West Paso Robles in Old Town. Opportunity to purchase a triplex with in walking distance to the City Park and Restaurants & Shops. Owner purchased this property and transformed this property into three 2 bedroom 2 bath apartments. Each beautifully complete with its own private deck. Tall ceiling, clean lines, split pack Heat and air units, rail /hanging sliders and more with a modern touch. This property finished construction last year. There are additional plans into the city for 3 more units on the property, for a total of 6 units should the new owner choose to build. Per owner, permits are ready to pull at the city. Great location, great property! Perfect for long term investment, possibly keeping one of the residences for yourself if you like Wine Country visits. * Information from seller or seller's agents used to sell the property are believed to be from reliable sources but are not verified or guaranteed, purchaser agrees to verify all information through purchaser's hired professionals during property review. Please do not disturb tenants. Income and expense statement available upon request. Seller may effect a tax differed exchange.
Exterior Features

Lot Features Corner LotGentle Sloping Number Of Separate Electric Meters 3 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling High Efficiency Cooling YN Yes Fireplace Features None Fireplace YN No Heating High Efficiency Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Foothills Contingency Subject To 1031 Or Tax Differed Exchange Current Financing Conventional Garage YN Yes Gross Income 7050 Gross Scheduled Income 7050 Insurance Expense 150 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 200 Net Operating Income 6392.04 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 657.96 Other Expense 606 Possession See Remarks Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 7050 Trash Expense 142.96 Utilities Electricity AvailableNatural Gas AvailableSewer Connected Water Sewer Expense 165 Water Source Public Zoning R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T09:28:26.13. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Mitch Culver of Re/Max Parkside Real Estate (805-239-3310)