$799,000 Price Analysis 1907 Riverside AvePaso Robles, CA 93446 4 bed 2 bath 1,424 SqFt ($561/SqFt) 6,098SqFt lot. Built 1962 Listed 2024-04-23, Taxes $356 | May be USDA loan restricted due to income limits near Lake Nacimiento |
Just a short 6 blocks to downtown Paso where you can enjoy Michelin star eats and fantastic wine at the local downtown tasting rooms. During the summer enjoy a two-block walk to the wine festival or live music and fair events at the mid-state Paso Robles fairgrounds. The versatile configuration of the 3/1 front house and 1/1 attached guest quarters lends itself greatly to a family who wants to get into the market and have some rental income to offset their mortgage. This would also be a great buy for an investor, someone who wants to do an Airbnb homestay but still have privacy from guests, a family who needs guest quarters for extended family or wants to rent to a traveling nurse or have live-in care. The opportunities are endless! This home has a new solar-rated electrical panel and new HVAC system. Modern updates make this home move-in ready. Located within walking distance to downtown Paso Robles, you'll have easy access to dining, shopping and the vibrant local scene. Centrally located by 101 and 46 hghways make it perfect for visiting east and west side wine country and all the beach towns this county has to offer!
This house is also zoned R3 so additional units can be added. The city has indicated the density of this lot would allow for 4 units. Buyer to verify all possibilities with the city of Paso Robles. Over the next 25 years, the city of Paso Robles has ambitious plans for this area, including improvements such as a bicycle-friendly Riverside Avenue, revitalization of the Paso Robles Event Center and museum and the addition of retail and commercial buildings. Plans also potentially include a shaded Paseo with native trees and seating along the river and an addition of an amphitheater. These enhancements will undoubtedly boost the attractiveness of this property and the community as a whole. This property's future is as bright as its present. Whether you're looking to invest, house hack or embrace multi-generational living, this versatile property is poised to deliver long-term rewards.
Presented by Alana King at
AARE.
Property MLS #SC24064944 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $28,273 + $10,488 $38,761 | $356 |
2021 | $27,719 + $10,283 $38,002 | $348 |
2020 | $27,435 + $10,178 $37,613 | $342 |
2019 | $26,898 + $9,979 $36,877 | $336 |
2018 | $26,371 + $9,784 $36,155 | $330 |
2017 | $25,854 + $9,593 $35,447 | $309 |
2016 | $25,348 + $9,405 $34,753 | $301 |
2015 | $24,968 + $9,264 $34,232 | $299 |
2014 | $24,479 + $9,083 $33,562 | $287 |
2013 | $24,369 + $9,042 $33,411 | $286 |
2012 | $23,892 + $8,865 $32,757 | $279 |
2010 | $23,424 + $8,692 $32,116 | $271 |
2009 | $23,305 + $8,649 $31,954 | $274 |
2009 | $23,249 + $8,628 $31,877 | $274 |
2008 | $22,849 + $8,480 $31,329 | $266 |
2007 | $22,401 + $8,314 $30,715 | $261 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.