Listing Agent: Kandie Frederick      Broker/Office: Country Real Estate
2221 Oak Street Paso Robles CA 93446
$ 1,295,000
  6   |    5 Full  2 Half   |    2632 Sq Feet

Listing ID

#NS26041998

Status

Active

Property Type

Triplex

County

San Luis Obispo

Neighborhood

PR City Limits West(120)

Year Built

1967

Days on website

2

Description
Exceptional opportunity to acquire a desirable triplex in the highly sought-after 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.
Location
Financial Information
List Price:  $ 1295000
Property Features
Community Features:  Sidewalks
Construction Materials:  Stucco
Flooring:  Carpet, Tile
Foundation Details:  Slab
High School District:  Paso Robles Joint Unified
Levels:  Two
Lot Features:  Level
Other Structures:  Storage
Parking Features:  Carport, Concrete, Garage, Storage
Roof:  Composition
Senior Community YN:  false
Structure Type:  Triplex
View:  Neighborhood
Water Source:  Public
High School District:  Paso Robles Joint Unified
Senior Community YN:  false
MLS Area Major:  PRIC - PR Inside City Limit
City:  Paso Robles
Listed By:   Kandie Frederick   Country Real Estate 
CA Lic#