Home | San Luis Obispo County | Paso Robles | 93446 | 1434 1436 Pine St
MLS: CRNS26193449 | Status: Active | Price: $945,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,000 | 1910 |
A rare downtown Paso Robles investment and redevelopment opportunity just two blocks from Downtown City Park. Located within a federally designated Opportunity Zone, this approximately 7,000 sq. ft. TC-2 zoned property offers a unique combination of rental income, central downtown location, and previously approved plans for future redevelopment. The existing improvements include three residential rental units with a mix of one- and two-bedroom configurations, generating approximately $70,680 in annual gross rental income. That income provides value during a buyer’s planning and holding period while evaluating the next phase of the property. Previously approved plans envision a new four-unit residential project consisting of two +/- 1,500 sq. ft. 3-bedroom, 2.5-bath residences and two +/- 1,250 sq. ft. 2-bedroom, 2.5-bath residences, together with a subterranean four-car garage designed to accommodate up to eight vehicles with tandem parking. The redevelopment concept takes advantage of the site’s downtown setting and dual frontage along Pine and Railroad Streets. Beyond the income and redevelopment potential, the location is a major part of the opportunity. Paso Robles’ Downtown City Park, Michelin-starred restaurants, tasting rooms, shopping, and other amenities are all nearb
| Field | Value |
|---|---|
| MLS # | CRNS26193449 |
| MLS Source | California Regional MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| Cooling | Window/Wall Unit |
| Heating | Multi Type, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Pillar/Post/Pier, Other |
| Pool | None |
| Style | Bungalow |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
Robert Sousa
COMPASS
License #: 01774193
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 3 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Bauer/Speck Elementary School | public | K-6 | 0.44 mi | 5 |
| George H. Flamson Middle School | public | 7-8 | 0.81 mi | 4 |
| Paso Robles Independent Study Center | public | K-8 | 0.81 mi | 3 |
| Georgia Brown Elementary School | public | K-6 | 1.12 mi | 7 |
| Daniel Lewis Middle School | public | 6-8 | 1.12 mi | N/A |
| Paso Robles High School | public | 9-12 | 1.37 mi | 7 |
| Independence High School | public | 9-12 | 1.40 mi | 2 |
| Liberty High (Continuation) School | public | 10-12 | 1.41 mi | 2 |
| Kermit King Elementary School | public | K-6 | 1.52 mi | 6 |
| Pat Butler Elementary School | public | K-6 | 1.59 mi | 4 |
| Winifred Pifer Elementary School | public | K-6 | 1.81 mi | 5 |
| Virginia Peterson Elementary School | public | K-6 | 2.75 mi | 5 |
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This listing information is up-to-date as of September 10, 2026. For the most current information, please contact Robert Sousa.