3 months on rocket

3505 Spring St, Paso Robles, CA, 93446

$2,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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3505 Spring St, Paso Robles$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Site
Year Built1968
HeatingNone
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #OC24147835
Lot Size0.39 Acres
StatusActive

About 3505 Spring St

Discover an exceptional fully renovated investment opportunity with this 10-unit apartment building located in a designated Opportunity Zone in Paso Robles. This property features a diverse range of units to accommodate various tenant needs, including five studios and one spacious one-bedroom unit on the upper level, each boasting a full bath. Renovations include plumbing, electrical, roofing, deck and unit upgrades. The lower level offers a larger two-bedroom, two-bath unit, along with three additional one-bedroom units. Key features include a paved parking lot for tenant convenience, a fenced backyard offering privacy and security, and covered patio areas perfect for outdoor relaxation. This property presents a fantastic opportunity for both seasoned investors and those looking to enter the market. This opportunity won't last!

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 2

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (619) 248-6434
  • Listing Agent: Justin Tye

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Cross streets 34th St and 38th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000

Tax Information:

  • Annual Amount: $8,998
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Paso Robles, CA.

Med. Sold Price

$723.7K

Med. Price/SqFt

$423

Avg. Days On Market

32

# of Sold Homes

46

3505 Spring St vs Paso Robles

91 DAYS ON ROCKET

+59 Days

$2,000,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Paso Robles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24147835

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (619) 248-6434
  • Listing Agent: Justin Tye

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 11:21:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2014Home Sold
$707,000
Mar 06, 2013Home Sold
$790,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,998$800,677
2020$8,875$792,468
2019$8,630$776,930
2018$8,631$761,697
2017$8,115$746,762

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-460153
5
/10
  • Georgia Brown Elementary School

  • 525 36th St

  • 0.10 miles

  • Public Magnet Grades KG-5

school-card-donut-460154
8
/10
  • Kermit King Elementary School

  • 700 Schhouse Cir

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-460155
4
/10
  • Bauer-Speck Elementary School

  • 401 17th St

  • 1.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,333. The most common annual income of people living in Paso Robles, CA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3505 Spring St

What is the listing price of this property?

The listing price of 3505 Spring St property is $2,000,000.

What type of property is this?

The property 3505 Spring St is a condo located in Paso Robles, California, 93446.

Is this property for sale now?

Active Listing: 3505 Spring St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,998 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 3, 2014 for $707,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 3505 Spring St is 1968.

Rocket HomesCaliforniaSan Luis Obispo CountyPaso Robles934463505 Spring St

This home is located at 3505 Spring St in Paso Robles, CA and zip code 93446. This home, which was built in 1968, sits on a 0.39 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $2,000,000.

While more than 14 listings in Paso Robles, CA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Paso Robles, CA between September 2024 and October 2024 decreased by 5.1%. In October 2024 median list price was $723,750 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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