$ 1,245,000
-
$1,245,000
Price -
6
Bed -
5
Bath -
2,632
SqFt
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About the Listing PRCOUNTR - PRFREDERIC
Exceptional opportunity to acquire a desirable triplex in the highly desirable west side of Paso Robles, just blocks from downtown amenities. Situated on an expansive 11,200± sq. ft. lot, this property offers both immediate cash flow and long-term upside potential. The unit mix includes two spacious 2-bedroom, 2.5-bath units and one 2-bedroom, 1-bath unit—an attractive configuration for strong tenant demand. All three units are currently leased, providing stabilized income from day one. Recent capital improvements enhance value and reduce near-term expenses, including a new roof and rain gutters in 2025, matching white vinyl windows throughout, newer downstairs tile flooring in two units, and a remodeled kitchen in one unit featuring white cabinetry and appliances. The property offers functional amenities that support tenant retention: fenced front yards for two units with low-maintenance synthetic turf, a shared fenced rear yard, carports, individual storage areas, and three detached garages in the rear structure. A private laundry room serves the units, with separate gas and electric meters for each unit and a single water meter. Located near downtown Paso Robles, Highway 101 access, schools, shopping, and services, this asset benefits from strong rental demand and long-term appreciation drivers. The generous lot size and T-3N zoning create potential for future development or value-add strategies (buyer to verify). A rare combination of location, improvements, income stability, and future flexibility—ideal for investors seeking both yield and growth.
Listing Highlights
Status
Active
Days on Site
47
Property Type
Multi-Family
MLS ®
NS26033509
Year Built
1967
Total Square Footage
2,632
Lot/Acreage
0.26
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances: Gas Cooktop, Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water: Public
Exterior Details
- Lot Description: Level,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 9
- Roof: Composition
- Others: Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Concrete,Carport,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 018162008
- Tax Year: N/A
Payment Calculator
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Questions About..
2221 Oak St Paso Robles, CA 93446
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