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Rare opportunity to own a fully upgraded, income-producing duplex in the heart of Paso Robles, with two established short-term rental units and transferable short-term rental permits. Although not on tax record, the short term rental listings reflect a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both currently operating as successful short-term rentals with nearly 5-star guest ratings. The units are furnished, upgraded, guest-ready and already operating, allowing a new owner to step in and continue short-term rental operations from Day 1 rather than starting from scratch. Adding to the investment appeal is TC-2 zoning, offering a flexible commercial/residential designation in Paso Robles' Town Center. City regulations specifically allow short-term rental permits to transfer to a new owner in TC-2 zoning, making this an especially attractive opportunity for an investor seeking an established hospitality business with an uncommon level of operational continuity. Location further strengthens the opportunity. The property is less than a mile from the Downtown Square and just a few blocks from the Paso Robles Event Center/Fairgrounds and Paso MarketWalk, placing guests close to restaurants, wine tasting, shopping, events and the vibrant downtown scene. Whether you're looking for an income-producing asset, a foothold in Paso Robles' thriving wine-country hospitality market, or a property with the flexibility of commercial and residential use, this duplex delivers a compelling combination of location, established income potential, transferable STR permits and true turnkey operation.
Listing agent: Patrick McCandless DRE #02011697 patricksellspaso@gmail.com, Listing office: Oak Shores Realty
MLS data updated 10/16/2026, 8:53:10 PM PT
Source: CRMLS, MLS #: NS26182281
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 12, 2026
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This home · nearest recorded event
$1,058,000Asking price recorded · Oct 12, 2026ZIP 93446 · Oct 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
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