$1,699,000
Accepting Backup Offers

420 Creston Road

Paso Robles, CA 93446
4.30 acres | #NS21234433
Listing OfficeMerrill & Associates Real Estate
Type:Purchase
Structure:Land
Zone:Residential

Description

Attention Developers and Investors! A rare find inside the city limits of Paso Robles to possibly develop 20 units in total, consisting of four triplexes and four duplexes right in the heart of the Creston Corridor. This well-located parcel is situated on +/- 5.5 Acres. As per the seller, this parcel has received entitlement from the city with permits prepared and ready to be paid for by the new buyer (subject to additional conditions) for the property buildout. The seller has spent over 2 years on planning, designing, revisions, attending public hearings and readying plans with local engineers and an architect. The plans for this property illustrate each unit consisting .of +/- 1248sqft, 3 bdrm/2ba with an open concept design. Additional amenities noted on the plans include kitchens offering an island, walk-in pantry, indoor laundry room, storage & balcony that may provide an additional +/- 300ft of storage space. The floor plan renderings offer a dramatically chic and upscale vibe utilizing wood, glass & metal finish. Located near grocery stores, schools, dining and a short walk to the historical downtown Paso Robles. Ask your agent for a property info packet that includes more detailed information. MLS# NS21228265 is also available offering similar renderings with a total 5 units, one triplex and one duplex, owner would prefer to sell both properties as a package.

  • Property Details
      • ViewCityLights, Hills, Mountains, Neighborhood, TreesWoods
      • Lot DescriptionTwoToFiveUnitsAcre
    • Measurements
      • Acres4.3
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesNone, WaterNotAvailable
  • Community and Neighborhood Details
      • SubdivisionPR City Limits East(110)
    • Location
      • CountySan Luis Obispo
  • Financial Details
      • Original List Price$2,400,000
  • Other
      • MLS #NS21234433

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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