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2230 Spring Street, Paso Robles, CA 93446

$1.06M2bd · 2ba · 1,757 sqft
Lot 7,000 sqft•Duplex•
Active
•49d on market•MLS# NS-26182281

Property Description

Rare opportunity to own a fully upgraded, income-producing duplex in the heart of Paso Robles, with two established short-term rental units and transferable short-term rental permits. Although not on tax record, the short term rental listings reflect a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both currently operating as successful short-term rentals with nearly 5-star guest ratings. The units are furnished, upgraded, guest-ready and already operating, allowing a new owner to step in and continue short-term rental operations from Day 1 rather than starting from scratch. Adding to the investment appeal is TC-2 zoning, offering a flexible commercial/residential designation in Paso Robles' Town Center. City regulations specifically allow short-term rental permits to transfer to a new owner in TC-2 zoning, making this an especially attractive opportunity for an investor seeking an established hospitality business with an uncommon level of operational continuity. Location further strengthens the opportunity. The property is less than a mile from the Downtown Square and just a few blocks from the Paso Robles Event Center/Fairgrounds and Paso MarketWalk, placing guests close to restaurants, wine tasting, shopping, events and the vibrant downtown scene. Whether you're looking for an income-producing asset, a foothold in Paso Robles' thriving wine-country hospitality market, or a property with the flexibility of commercial and residential use, this duplex delivers a compelling combination of location, established income potential, transferable STR permits and true turnkey operation.

Features & Amenities

FeeBuilt 1895

Property Details

Land Type
Fee
Year Built
1895
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
6
Garage Spaces
2
Heating
Ductless
Cooling
Ductless, Electric
View
None
Flooring
Vinyl
Roof
Composition
City
Paso Robles
Zip Code
93446
County
San Luis Obispo
Listed byOak Shores Realty, Patrick McCandless

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,385.22
Principal & Interest
Loan Amount
$852,000
Total Interest
$1,086,679
Total Payment Over 30 Years
$1,938,679
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 0 active · 3 closed

2230 Spring Street, Paso Robles, CA 93446

Paso Robles · Duplex

$1.06M
Residential Tier
Beds
2
Baths
2
Sqft
1,757
Lot
7,000 sqft
Year
1895
$/Sqft
$606
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 33.1% above the median closed sale of $800,000. Price per sqft ($606) is a 31% premium to closed comps ($464). Expect a longer timeline — comps averaged 121 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.06M· $606/sqft
Total list price
Closed comps
vs closed median $800K
+$265K (+33.1%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
807 Turtle Creek RoadPaso Robles200407/31/2026321,4046,370$598,000$598,000$4261.00679
309 15th StreetPaso Robles197508/25/2026432,1007,063$799,900$800,000$3811.0025572
1636 Spring StreetPaso Robles192307/10/2026432,1416,970$1.38M$1.25M$5840.9110371
Total: 3 · Average3.72.71,881.6676,801$882,666.667$882,666.667$463.667—121.33333333333333
Median2,100$800,000$800,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.