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$1,750,000 Active Under Contract

414 4th Street
Paso Robles, CA 93446

9 units | Multi Family Home
0.5165 acres - MLS# SP19193921
Property Photo


Great chance to own single level multi-family units in Paso Robles. These 9 apartments are each 2 bedroom 1 bath. They are comprises of 3 separate buildings, 3 apartments per building, all under one assessor parcel number (APN). Square footage of apartments are: 3 at 780sq ft, 3 at 793sq ft and 3 at 887sq ft. Additional building addresses of the 414 4th St property include: 408 4th St and 420 4th St. Includes off street parking and a coin operated common laundry room. Mature oak and pine trees are located throughout the property. Family owned for years with long term tenants. Great south side location. Close to downtown, shopping, freeway access and vine country! *Adjoining parcels are for sale located at 329, 335, 345 Vine st. See MLS listing SP19193834. Information deemed reliable but not verified.


  • # of Parking Spaces: 15.00
  • Appliances: Gas Range, Refrigerator
  • Appliances YN: Yes
  • Area: PRIC - PR Inside City Limit
  • Average 2 Bed Area: 800
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 7140.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01931796
  • Co-Listing Office License: 01935192
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
  • Construction Materials: Stucco
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: Take Spring st to 4th cross Vine, units are on the left
  • Flooring: Carpet, Laminate
  • Gardener Expense: 3210.00
  • Gross Income: 92700.00
  • Gross Scheduled Income: 89100.00
  • Heating: Central
  • Heating YN: Yes
  • Insurance Expense: 4706.00
  • Interior Features: Formica Counters, Laminate Counters, Tile Counters
  • Laundry Equipment Own Lease: Own
  • Laundry Features: Common Area, Individual Room
  • Laundry Income: 3600.00
  • Laundry YN: Yes
  • Listing Agent License: 01018025
  • Listing Office License: 01935192
  • Listing Status: Active Under Contract
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size: 0.5165
  • Lot Size Area: 22500.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 51318.00
  • New Taxes Expense: 19250.00
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number With Carpet: 9
  • Number With Range: 9
  • Operating Expense: 37782.00
  • Parking Features: Driveway, Asphalt, Gravel, Driveway Down Slope From Street, Driveway Level
  • Parking Spaces: 15.00
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Property Type: Multi Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Room Type: All Bedrooms Down
  • Sewer: Public Sewer
  • Special Conditions Details: Trust
  • Sub Type: Multi Family Home
  • Subdivision: Pr City Limits West(120)
  • Subdivision/Neighborhood: Pr City Limits West(120)
  • Total Actual Rent: 7425.00
  • Total Expenses: 37782.00
  • Trash Expense: 1920.00
  • Uncovered Spaces: 15.00
  • Units: 9
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: 7596.00
  • Water Source: Public
  • Year Built: 1960
  • Year Built Source: Appraiser
  • Zip Code: 93446

Courtesy of:

  • More info
  • Kim Wurster

    REALTOR®, Agent
    Better Homes and Gardens Real Estate | Haven Properties
    Email Me - slosales@sbcglobal.net
    Cell: (805) 441-2112
    CalDRE: 0808125

  • More info

Better Homes and Gardens Real Estate | Haven Properties
San Luis Obispo Office:
441 Marsh Street
San Luis Obispo, CA 93401
Morro Bay Office:
805 Main Street
Morro Bay, CA 93442

CA DRE# 01935192


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