Views

Address

503 Oak, Paso Robles, CA

Listing Type

Active

Price

$ 1,250,000

Property Attributes

MLS#NS26203242
TypeSingle Family
Listing Status Active
CountySan Luis Obispo
CityPaso Robles
Area PR Inside City Limit
NeighborhoodPR City Limits West(120)
Zip93446
Style
Year Built1920
Price$ 1,250,000
Bedrooms3
Full Bathrooms3
Half Bathrooms0
Sqr Footage1942
Lot Size0.16 Acres

Data Source:

California Regional MLS (CRMLS)

Property 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.

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

General Features

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