New Listing
$1,250,000
 $6,710 est/mo Sourced by Back At You

503 Oak,Paso Robles, CA 93446

Paso Robles, CA 93446

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Description

Updated and Remodeled Downtown Income Pair with Two Transferable Vacation Rental Licenses. On a corner lot in the heart of historic Paso Robles sits a rare pairing: two updated homes, two transferable vacation rental licenses, and the freedom to run them together for group stays or apart for two income streams. The 6,970 square foot lot offers ample parking, low maintenance landscaping, a detached two car garage, and a storage shed with the bones to become an office or studio. The primary residence is a 1920s Craftsman, two bedrooms and two baths, remodeled to bring period charm up to today's standards. A landscaped walkway leads to a covered country porch, and hardwood floors carry through a warm living room, into the dining room, and out to a sun filled sunroom. The kitchen anchors the home: Blue Point professional appliances, stainless accents, butcher block counters, and a white subway tile backsplash, with laundry and direct backyard access close by. Both bedrooms are generously sized, the baths are finished with care, and a large basement leaves room for a wine cellar or future expansion. The second home, a one bedroom, one bath ADU, has its own private entrance and a quiet fenced backyard, a bright retreat suited to short term guests or visiting family. Two addresses, one lot, and licensing already in place. This is a chance to own a downtown Paso Robles income property that's been done right, with the flexibility to shape it around exactly how you want to use it.

Details

MLS #NS26203242
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1920
Days On Site4
Listing Provided ByLuxton Real Estate | Karlie Montgomery

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,942
Garage2
Story(s)1
Units2
Acreage0.16
Property ViewYes

Interior

CoolingCentral Air, Electric
HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesAll Bedrooms Down
AppliancesDishwasher, Disposal
Fireplace Yes / NoYes

Exterior

Foundation DetailsSlab
Lot FeaturesCorner Lot

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights

Area Information

StateCA
CountySan Luis Obispo
CityPaso Robles
Zip Code93446
AreaPRIC PR Inside City Limit
Community NamePR City Limits West(120)
Listing VS Median (in PR City Limits West(120))
Price:
$1,250,000
low | high
Med:
$849,000
82.08% of Average
sqft:
1,942
low | high
Med:
1,500
72.760041194645% of Average
$ / sqft:
$644
low | high
Med:
$566
62.06624% of Average
On site:
4
low | high
Med:
58
6.896551724138% of Average
Sourced by Back At You

Market Activity 93446

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Learn More About This Property

StateCA
CountySan Luis Obispo
CityPaso Robles
Zip Code93446
AreaPRIC PR Inside City Limit
Community NamePR City Limits West(120)
Listing VS Median (in PR City Limits West(120))
Price:
$1,250,000
low | high
Med:
$849,000
82.08% of Average
sqft:
1,942
low | high
Med:
1,500
72.760041194645% of Average
$ / sqft:
$644
low | high
Med:
$566
62.06624% of Average
On site:
4
low | high
Med:
58
6.896551724138% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $937K - $1.562M
sqft: 1,000 - 2,000
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143 Vine Property Photo 1
$879,000
143 Vine
Paso Robles, CA 93446
Listing Updated: September 16, 2026 at 7:46:09 PM PDT
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