Paso Robles, CA 93446,2029 Pine ST
Paso Robles, CA 93446,2029 Pine ST
Paso Robles, CA 93446,2029 Pine ST
Paso Robles, CA 93446,2029 Pine ST
Paso Robles, CA 93446,2029 Pine ST
Paso Robles, CA 93446,2029 Pine ST
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$620,000

$620,000

Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,230 SqFt


SOLD DATE : 06/11/2024

Key Details

Sold Price $620,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,230 sqft

Price per Sqft $504

Subdivision Pr City Limits West(120)

MLS Listing ID NS24038094

Sold Date 06/11/24

Bedrooms 3

Full Baths 1

Half Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1944

Lot Size 0.257 Acres

Property Description

WESTSIDE PASO ROBLES INVESTMENT OPPORTUNITY! You're sure to love this charming bungalow, sitting on an elevated 1/4 acre just blocks from dozens of eateries and wine tasting rooms in downtown Paso Robles! This vintage residence is not only full of character, but also many tasteful and modern updates! You'll find recent vinyl dual-pane windows, luxury vinyl plank 'wood' floors, upgraded doors, hardware and baseboards, quartz counters atop newer cabinets, stainless appliances, custom tilework backsplash and shower surround and even modern central HVAC. Sure, at nearly 80 years old, it has its quirky features, like the missing closets in 2 of the 3 bedrooms, or the space saving 'powder laundry' where you can do your laundry and other important business very efficiently at the same time! But the positives like the HUGE covered front porch sitting high above the street level make the quirks work! Now for the BONUS ROUND, because there is a lot more to this offering than just a charming old home close to downtown Paso. The 1/4 acre parcel is zoned T4-N, and has plenty of room for added opportunity. For example, this sale includes turn-key, ready to go building plans for two additional units - with city construction permits ready to pick up! You could start construction on a duplex on the back of this parcel upon close of escrow. Engineering - done. Design work - done. Final permit fees - nope, not yet (that one is on you). Instead of spending months of your life in design, engineering and planning, you can spend it doing things you like more like wine tasting, attending sporting events... and of course world travel ;). Plus, it is in a Federally designated 'Opportunity Zone'! (Google it - it's a BIG DEAL if you plan to develop additional units and like tax savings)! If you're not into multi-family units and collecting rent checks, maybe you could utilize the oversized lot for building a shop/garage for your automotive or business interests, or even developing your own private 9 hole mini-golf course (whatever floats your boat, right!). INVESTORS, please note - this home is tenant occupied and the tenants would LOVE to stay. They pay $2,400 per month in rent, and their lease ends in June, but they would be happy to extend for a year (or few!).

Location

State CA

County San Luis Obispo

Area Pric - Pr Inside City Limit

Zoning T4N

Rooms

Other Rooms Shed(s)

Main Level Bedrooms 3

Interior

Interior Features Block Walls, Separate/Formal Dining Room, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Carpet, See Remarks, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Microwave

Laundry Inside

Exterior

Pool None

Community Features Suburban

View Y/N Yes

View Hills, Neighborhood

Roof Type Composition

Porch Covered

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Updated/Remodeled

Schools

School District Paso Robles Joint Unified

Others

Senior Community No

Tax ID 008228017

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Scott Ehrke • RE/MAX Success • 805-391-0509
Bought with David Crabtree • Home & Ranch Sotheby's Intl

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Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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