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.
The income description goes here to explain
| 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 |
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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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT