Home with Live/Office
732 16th Street Paso Robles, CA 93446
732 16th Street, Paso Robles, CA, 93446
$415,000
For Sale
Under Contract
$415,000
COMMERCIAL - Paso Robles, CA
Property Size900 SF
Price / SF$461.11
Days on Market94
Property Features for 732 16th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- 008321015
Utilities
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1900
Listing Agency
RE/MAX Parkside Real Estate
(805) 239-3310
711 12th Street, Paso Robles, CA
Listed by
Jamie Kelton · License #01900705
(805) 239-3310
Added: Apr 17 Checked: Jul 19 at 3:06 am
MLS# NS26083699
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 charming small home offers a practical two-bedroom, one-bath layout with approximately 900 square feet of living space. The property is listed for sale and is described as having room for an owner to personalize it. Importantly for flexible use, the zoning is stated to allow for either home use or office use.
The home is located in downtown Paso Robles, with easy walking access to restaurants, wine tasting rooms, and a vibrant city park. The seller also notes that the adjacent property at 1545 Park Street is available for purchase, which may be of interest to buyers looking to assemble additional space.
For a tenant or buyer seeking a small, manageable property in a central setting, the home/office zoning supports a straightforward path for combining everyday living with a working environment. The two-bedroom, one-bath configuration can suit a variety of owners who want a self-contained base, while the downtown proximity to dining and entertainment can be a convenience for both daily routines and client-facing schedules.
The home is located in downtown Paso Robles, with easy walking access to restaurants, wine tasting rooms, and a vibrant city park. The seller also notes that the adjacent property at 1545 Park Street is available for purchase, which may be of interest to buyers looking to assemble additional space.
For a tenant or buyer seeking a small, manageable property in a central setting, the home/office zoning supports a straightforward path for combining everyday living with a working environment. The two-bedroom, one-bath configuration can suit a variety of owners who want a self-contained base, while the downtown proximity to dining and entertainment can be a convenience for both daily routines and client-facing schedules.
Key Highlights
- 2‑bedroom, 1‑bath home in downtown Paso with approximately 900 sq. ft.
- Cooling provided by wall/window unit(s) and window unit(s).
- Zoning allows home or office use.
Local Financial Insights For Apartment 5plus
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 | $32.4k | $36.00 |
| − Vacancy | −$810 | −$0.90 |
| EGI | $31.6k | $35.10 |
| − OpEx | −$14.2k | −$15.80 |
| NOI | $17.4k | $19.31 |
900 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$248.2K
$217.2K – $289.6K
NOI $17,375 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$354.0K
$309.7K – $413.0K
NOI $24,777 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Charming small home approved for home or office use, within walking distance of dining, wine tasting, and a city park.
Where is this single family property located?
The property is located at 732 16th Street Paso Robles, CA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath home in downtown Paso with approximately 900 sq. ft.; Cooling provided by wall/window unit(s) and window unit(s).; Zoning allows home or office use.
