
Courtesy of: Kandie Frederick, Country Real Estate, kandie@countryrealestate.com
$1,295,000
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2 bed
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5.00 Bath (3 Full , 2 Half)
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Lot: 11,200.00 Square Feet
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Triplex
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$1,295,000
2221 Oak Street Exceptional opportunity to acquire a fully rented triplex in the highly desirable west side of Paso Robles, just blocks from downtown amenities. Situated on an expansive 11, 200± sqft 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.
Courtesy of: Kandie Frederick, Country Real Estate, kandie@countryrealestate.com
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