Skip to content

503 OakPaso Robles, CA 93446

PR City Limits West(120) · San Luis Obispo County

$1,250,000List price
3Beds
2Baths
1,942Sq Ft
1920Year built
0.16Acre lot
2Garage
1Stories
3 weeks agoOn market

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.

Property Information

Property type
Residential
Sub-type
Single Family Residence
Structure type
House
Year built
1920
Stories
1
Living area
1,942 Sq Ft
Lot size
0.16 acres
Garage spaces
2
Parking spaces
2
Days on market
23
MLS® Listing#
NS26203242

Property Features

Appliances
Dishwasher · Disposal
Cooling
Central Air · Electric
Heating
Forced Air
Fireplace
Family Room
Pool
None
Laundry
Laundry Room
Lot features
Corner Lot
Foundation
Slab
Community
Street Lights
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
009254012

Directions

From Spring Street; left on 5th

Listing Courtesy: Luxton Real Estate - 805-391-0241

Presented by: Karlie Montgomery

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-16T00:00:00.000Z 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. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Commute Calculator

Explore commute times from 503 Oak, Paso Robles, CA 93446.

Travel mode

Connect with a Local Real Estate Expert