Sold
Last Sold Price
6,500 sqft

1804 Spring St, Paso Robles, CA 93446

Multi FamilyProperty Type
0.26 acresLot Size
1927Year Built
$121/sq ftPrice per sq ft

Description

Marketing Remarks: WOW - here is a unique opportunity to invest in Paso Robles history....and future! This ideal Spring Street corner (18th and Spring) generates strong INCOME now, but has a great future thanks to it's T-3 Flex zoning! This zoning allows for commercial incl. sit down restaurant, office, professional, mixed use... and residential income! So collect rent checks now, waiting for the time to remodel the existing building, or tear it down and build all new! Either way, the $7,000+ GROSS...Marketing Remarks: WOW - here is a unique opportunity to invest in Paso Robles history....and future! This ideal Spring Street corner (18th and Spring) generates strong INCOME now, but has a great future thanks to it's T-3 Flex zoning! This zoning allows for commercial incl. sit down restaurant, office, professional, mixed use... and residential income! So collect rent checks now, waiting for the time to remodel the existing building, or tear it down and build all new! Either way, the $7,000+ GROSS monthly income makes this an easy hold until you decide! You'll find lots of history here too - built in roaring 1920's as teacher housing, it originally was constructed with 12 units (units 1 & 2 were later combined into a character-filled 2 Bdrm apartment, which we'll call the 'managers unit'...complete with coved ceiliings and two fireplaces!). Plenty of onsite & street parking too! What a find!
  • Listed by: Scott Ehrke DRE #01012637 • RE/MAX Parkside Real Estate
Listing closed: 06/07/2012 12:00 AM • Source: CRMLS, MLS#: PR182273
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Recent comparable sales

Median sold price

$660,000

Avg days on market

140

Sale-to-list ratio

94.0%

Paso Robles, CA

9 comparable properties found

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1

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Sold 01/13/26

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Sold 03/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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a view of a bathtub
8

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Sold 03/19/25

Unavailable
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an aerial view of residential building and ocean
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Sold 01/13/26

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Location

Listing Courtesy of RE/MAX Parkside Real Estate, Scott Ehrke, DRE #01012637

Sold By Re/Max Parkside Real Estate, Susan Kretzu, DRE #01451523

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Payment Calculator

$5,101 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,191

Property Taxes

$910

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 1804 Spring Street

Property Details

  • MLS Type: Residential Income
  • Cooling Type: See Remarks
  • Total Units: 4.0
  • Lot Size Source: Assessor
  • Living Area: 6500
  • Assessor Parcel Number: 008236004
  • Building Area Total: 6500
  • Zoning: SM,RMF,COMR,COM
  • Subdivision Name: PR City Limits West(120)
  • Subdivision Name Other: PR City Limits West(120)
  • Senior Community: No
  • Parcel Number: 008236004
  • Area: PR Inside City Limit (PRIC)
  • Directions: Located at the N/E corner of Spring and 18th Street, just a few blocks north of DOWNTOWN Paso Robles! This location has a past....and a future! Cross Streets: 18th Street

Building Information

  • Stories: 2
  • Year Built: 1927
  • Lot Size: 0.26 AC / 11,282 SF

Rental Info

Rental Info
  • Tenant Pays: Electricity

Income / Expense / Tax Details

Income Details
  • Vacancy Allowance: 0
  • Net Operating Income: $46,100
  • Gross Multiplier: 10.1
  • Cap Rate: 5.5
  • Financing: Cash
Expense Details
  • Operating Expense: $38,575

Community / Development

Community / Development
  • Community Features: Curbs, Sidewalks

Property / Structure Info

Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Lease
  • Cooling: See Remarks
  • Heating Type: See Remarks
  • Heating: See Remarks
Exterior Features
  • Exterior: Stucco
  • Roof: Flat, See Remarks
  • Foundation Details: Raised
  • Foundation Details: Raised
Land/Lot Info
  • Lot Features: Level with Street, Paved
  • Number Of Units: 4
  • Levels: Two
Parking Info
  • Parking: Yes
  • Parking Garage: On street
  • Carport Spaces: 0
  • Parking Features: On Site, Street
Property / Structure Info
  • Builders Tract Name: PR City Limits West
  • Builders Tract Code: PR City Limits West(120)

Property History for 1804 Spring Street

DateEvent & SourcePriceAppreciation
Jun 7, 2012

Permanently Off Market

NSBCMLS #182273

$837,500—
Jun 6, 2012

Sold

CLAW #PR182273MR

$785,000—
Jun 6, 2012

Sold

CRMLS #PR182273

$785,000—
DateEvent & SourcePrice
06/07/2012

Permanently Off Market

NSBCMLS #182273

$837,500
06/06/2012

Sold

CLAW #PR182273MR

$785,000
06/06/2012

Sold

CRMLS #PR182273

$785,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1804 Spring Street

Taxable Value

Land

$448,405

Additions

$557,306
Total$1,005,711

Tax Record

2025

$10,918 ($910 / month)

Home Facts

Baths

12

Total Finished SqFt

6,500 SqFt

Above Grade Finished SqFt

6,500 SqFt

Lot Size

11,300 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1920

Year Renovated

1920

Zoning

R30

County

SAN LUIS OBISPO

APN

008-236-004

Schools near 1804 Spring Street

This home is within Paso Robles Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Bauer/Speck Elementary School
PublicK to 6

George H. Flamson Middle School
Public7 to 8

Paso Robles High School
Public9 to 12

Paso Robles Independent Study Center
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1804 Spring Street, Paso Robles, CA 93446
$785,000
–
–
6,500
11,282
$400,000
–
2
1,552
–
$272,500
2
842
2,700
$860,000
–
–
2,557
7,000
$890,000
3
859
14,000
–
–
–
–
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Parkside Real Estate, Scott Ehrke, DRE #01012637

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.