528 Oak Street, Paso Robles, California 93446

$1,150,000

Property Type

Residential Income

Building Size

3,000 sqft

City

Paso Robles

Status

Active

Westside Paso Robles, just blocks from the vibrant downtown district! Four residences on one street-to-alley T3-N lot, all within short walking distance to restaurants, banking, shopping and recreation. The tastefully renovated 1942 two-bedroom, one-bath main house is cute as a button, with a walk-in basement ideal for storage or an ultimate wine cellar. It rents for $1,600 per month today and can be delivered vacant or with tenants in place. Behind the home is a vintage 350 SF studio with a 3/4 bath, fun tongue-and-groove pine ceiling and wall details, and a mini-split, rented month to month at $890 per month. Off the alley is the newer 1989 masonry building with two 1-bedroom, 1-bath homes. The north unit, fully remodeled in 2025 with a redone bathroom, new kitchen cabinets, flooring, trim, paint and mini splits, is leased at $2,000 per month. The south unit has central heat and air and is leased at $1,600 per month, with a separately rented lower level adding $500. Current rents total $6,590 per month. An owned 15.3 kW solar system with sub-meters helps keep energy costs in check. Live in one and rent the rest, or build your Central Coast portfolio.