Duplex Income
245 17th Paso Robles, CA 93446
New
For Sale
$899,000
MULTI_FAMILY - Paso Robles, CA
Property Size1,500 SF
Lot Size0.20 Acres
Price / SF$599.33
Days on Market3
Property Features for 245 17th
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R1
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Laundry Room, Kitchen, Bedroom 2
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Appliances
- Refrigerator, Gas Range, Gas Oven
- Standard status
- Active
- APN
- 008274011
- Size
- 1,500 SF
- Lot size
- 0.20 Acres
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Number of units
- 2
Listing Agency:
Farrell Smyth Real Estate
(805) 543-2172
Listed By:
Jennifer Hamilton · License #01800791
(805) 543-2172
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 12:06AM
MLS# SC26161731
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex for sale includes two residential units: one 1-bedroom, 1-bath residence and one 2-bedroom, 2-bath residence. The property sits on a single lot with an indicated lot size of 0.1971 acres, and offers a configuration suited to both investment and owner-occupant scenarios.
The property is located in Paso Robles, California, with proximity described as being convenient to downtown, shopping, dining, schools, parks, and wineries. Buyers should verify any development or expansion possibilities with the City of Paso Robles.
Zoning is listed as R1, and the property is identified as 245 17th in Paso Robles (postal code 93446). The total property size is reported as 1,500 square feet.
The property is located in Paso Robles, California, with proximity described as being convenient to downtown, shopping, dining, schools, parks, and wineries. Buyers should verify any development or expansion possibilities with the City of Paso Robles.
Zoning is listed as R1, and the property is identified as 245 17th in Paso Robles (postal code 93446). The total property size is reported as 1,500 square feet.
Key Highlights
- Duplex built in 1920 with central air and public utilities (public water and public sewer)
- Two units: 1‑bedroom, 1‑bath and 2‑bedroom, 2‑bath residences
- Includes kitchen appliances: refrigerator, gas range, and gas oven
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.9k | $30.60 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $44.8k | $29.87 |
| − OpEx | −$13.4k | −$8.96 |
| NOI | $31.4k | $20.91 |
1,500 SF · lease $30.60/SF/yr · vacancy 2.38% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$448.1K
$392.1K – $522.8K
NOI $31,365 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$413.7K
$362.0K – $482.6K
NOI $28,958 @ 7.0% cap · market cap 3.22%
Theoretical Best
Healthcare Medical
$589.9K
$516.2K – $688.3K
NOI $41,295 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with a 1-bedroom/1-bath and 2-bedroom/2-bath unit on a single lot in Paso Robles.
Where is this duplex located?
The property is located at 245 17th Paso Robles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Duplex built in 1920 with central air and public utilities (public water and public sewer); Two units: 1‑bedroom, 1‑bath and 2‑bedroom, 2‑bath residences; Includes kitchen appliances: refrigerator, gas range, and gas oven
