1434 1436 Pine Street, Paso Robles, CA 93446
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1434 1436 Pine Street,Paso Robles, CA 93446
$945,000
- - Beds
- - Baths
- 2,156 sq. ft.
- Multi-family
- Active
Listed by: robert sousa
Office: compass805-226-4162
MLS#:NS26193449
Source:CRMLS
Price summary
- Price:$945,000
- Price per sq. ft.:$438.31
About this home
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 nearby, making this a site with both immediate utility and long-term growth potential.
For an investor or developer looking for a downtown Paso Robles property with income in place, Opportunity Zone positioning, and an established redevelopment concept, 1434/1436 Pine Street offers a combination that is increasingly difficult to find....
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Home facts
- Year built:1910
- Subdivision & Development:PR City Limits West(120)
- Listing ID #:NS26193449
- Added:11 day(s) ago
- Updated:September 16, 2026 at 10:57 AM
Rooms and interior
- Living area:2,156 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Combination, Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1910
- Building area:2,156 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Sloped Down
- Architectural Style:Bungalow
- Construction Materials:Lap Siding, Stucco
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$945,000
- Price per sq. ft.:$438.31
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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