tomo logo

$799,000

Beds
4
Baths
2.0
sq ft
1,424

1907 Riverside Ave, Paso Robles, CA 93446

1907 Riverside Ave

Paso Robles, CA 93446

  • 199 days on market
Come check out this beautifully updated house with guest quarters on an R3 lot on the West Side of Paso Robles. Just a short 6 blocks to downtown Paso where you can enjoy Michelin star eats and great 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 highways 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.

Details

Property type

Single Family Residence

Est. home value

$842,355

Property condition

Updated/Remodeled

Lot size

6,098 sq ft

Price per sq ft

$562

Year built

1962

Price History

07/02/2024
CRMLS

CRMLS #SC24064944

Removed
$799,000
04/24/2024
CRMLS

CRMLS #SC24064944

Listed
$799,000
04/23/2024
CRMLS

CRMLS #SC24064944

Listed
$799,000
+35.65%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Paso Robles Joint Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Brad Clark

Loan start date

November 2022

Original loan amount

$645,000

Est. remaining balance

Not provided

Interest rate

6.66%

Loan type

Commercial

Seller

Alana King and Cindy King

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 2:15 PM

Listing updated: 09/30/2024 at 9:22 AM

Listed by: Alana King, AARE Phone #: (888) 322-4368

MLS: CRMLS #SC24064944

CRMLS logo

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