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1936 Oak
About This Property
The front home is a comfortable single-level 2 bedroom, 1 bathroom cottage with a bright, easy layout that feels connected to the outdoors. Mature trees and a private backyard create space to entertain, garden, or simply enjoy Paso's warmer evenings outside.
Behind the main home, the detached guest house includes a bedroom, bonus room, living area, and kitchen with separate alley access, offering flexibility for guests, extended family, rental income, or a more separated work-from-home setup.
What stands out here is the combination of location and versatility. You can live close to downtown without giving up privacy or outdoor space, and the two home configuration opens up possibilities that many in town properties simply don't offer. For buyers relocating to Paso Robles, it's the kind of property that can adapt to different phases of life while also creating potential long term income opportunities.
Situated on a 7,000± sq ft lot with leased solar, public utilities, and convenient access to Highway 101, parks, and Paso Robles' growing food and wine scene, this is a property that fits both full-time living and long-term investment-minded ownership.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Platinum Properties | $839,000 | |
| Listed by Platinum Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017