2221 Oak St, Paso Robles, CA 93446 | For Sale

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For Sale $1,295,000

$1,295,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 11,200 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,295,000
Property Type Triplex (3-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 3 spots
Year Built 1967
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 018162008
MLS # NS26033509
Property ID 322596996
Lot Sqft 11,200
Zoning Unknown
Total Units 3
Days on Market 15
Original List Price $1,295,000
Applicances Gas Cooktop,Water Heater%
Date Updated February 25, 2026
Date Created February 13, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $6,650 $0
Net Income (Yr) $ 74,557
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Listing Provided By

Kandie Frederick an agent of . Lic #01358589


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 25, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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