503 Oak

Paso Robles, CA
$ 1,250,000 Beds 3 Baths 3 Sq 1,942
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,250,000
  • City
  • Paso Robles
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • San Luis Obispo
  • Half Bathrooms
  • 0
  • Area
  • PR Inside City Limit
  • Lot Size
  • 0.16 Acres
  • Zip
  • 93446
  • Sqr Footage
  • 1,942
  • Year Built
  • 1920
  • Style
  • MLS#
  • NS26203242
Listed By: Karlie Montgomery with Luxton Real Estate; 805-391-0241
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 1942
Sewer Public Sewer
Heating Forced Air
Cooling Central Air,Electric
Appliances Dishwasher,Disposal
Garage Spaces 2
Pool Features None
Year Built 1920
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Street Lights
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name PR City Limits West(120)
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions From Spring Street; left on 5th
City Paso Robles
Entry Location 1
Senior Community Y/N false
High School District Paso Robles Joint Unified
Number Of Units Total 2
MLS Area PRIC - PR Inside City Limit
Lot Size Units Square Feet
Lot Size Square Feet 6970
Listing Terms Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Single Family Residence
PostalCity PASO ROBLES

Interior Features

Interior Amenities All Bedrooms Down
Fireplace Features Family Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
3/4 Baths 1
Laundry Features Laundry Room
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 2
LivingAreaSource Owner
Total Baths 3

Exterior Features

Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Size Area 6970
Foundation Details Slab
Lot Size Acres 0.16
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/17/2026 Listed $1,250,000

Property vs Zip Code Average in 93446

Price
AVG $1.27M
$1.25M
Year Built
AVG 1993
1920

In The Neighborhood

Areas That We Cover

503 Oak Paso Robles, CA is a Single Family Home for sale at $1250000 with 1942 sqft and a lot size of 0.16 Acres Acre(s). 503 Oak Paso Robles has 3 bedrooms, 3 baths and was built in 1920. The property's zip code is 93446 which is in Paso Robles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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