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Calling all investors, are you looking for a cash flowing value add property? Here's your opportunity! Welcome to 107 Capitol Hill, a lovingly restored farmhouse duplex on a 14,850 sqft R-2 lot just blocks from downtown Paso Robles. This versatile income generating property is currently a duplex with two separate 2-bedroom, 2-bathroom units"”both with fully occupied with long term tenants, renting for $2,750 (downstairs) and $2,650 (upstairs), with utilities included. The upstairs unit was recently renovated with newly textured walls, fresh interior paint, a remodeled kitchen, new luxury vinyl flooring, updated electrical, new appliances, and has lots of storage. Huge potential with the approved permits in place for a 1-bedroom, 1-bathroom ADU garage conversion that could generate an additional $2,000± per month in rental income for a total of $7,350/month or more. If you choose to leave the garage it's a great detached 2-car garage with high ceilings provides excellent workspace or storage, and the spacious yard offers shaded sitting areas, garden space, and a fire pit. With charm, income, and upside potential, this property is a rare Paso Robles opportunity. Lots of options with this large lot and great zoning for potential future development or even a lot split.
Property Type(s):
Residential Income
| Last Updated | 9/29/2025 | Year Built | 1936 |
|---|---|---|---|
| Community | PSOR - Paso Robles | Garage Spaces | 2.0 |
| County | San Luis Obispo |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Gas Oven, Gas Range, Microwave, Washer, Washer/Dryer Stacked |
| AREA | PSOR - Paso Robles |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 0.3409 acre(s) |
| PARKING | Driveway, Garage Faces Front, Garage, Gravel |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial, Traditional |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills, Trees/Woods |
| WATER | Public |
Location
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Listed with Keller Williams Realty Central Coast
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