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.
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
MLS Area Major: PRIC - PR Inside City Limit
City: Paso Robles
Senior Community YN: false