$ 2,500,000
-
$2,500,000
Price -
24
Bed -
12
Bath -
11,520
SqFt -
0.52
Acre
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About the Listing SC7235 - SL01931668,SC02187281
Rare 12-unit multifamily investment opportunity in Paso Robles, situated in the heart of California's Central Coast wine country. The offering consists of three fourplex buildings located on one parcel at 111 Oak Street, 121 Oak Street and 122 Vine Street. The property features a consistent unit mix of twelve two-bedroom, one-bathroom residences and combines established rental income with opportunities for future growth. Currently 10 of the 12 units are occupied with two vacant units offering lease-up potential generating more income. Laundry facilities on site and each unit includes a designated carport parking spot with storage closet. Convenient access to Highway 101 and downtown Paso Robles which places residents near restaurants, shops, tasting rooms and everyday amenities. With existing cash flow, scale and value-add potential, this offering presents a compelling opportunity for a 1031 exchange buyer, multifamily investor or portfolio owner seeking to expand their holdings on California's Central Coast.
Listing Highlights for 111 Oak
Interior Details
- Bedrooms: 24
- Bathrooms: 12 Full
- Appliances: Electric Range
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces: Living Room
- Floor: Laminate
- Basement:
- Other: Tile Counters
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof: Asphalt,Shingle,Tile
- Others: Fiber Cement,Frame,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Carport,Storage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 009284015
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
111 Oak Paso Robles, CA 93446
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