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2221 Oak Street
Paso Robles CA 93446 US

$1,295,000

Active Listing ID NS26033509
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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

$1,295,000

Active Listing ID NS26033509
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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.

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Property Features

  • Facts
  • Lot Size: 11,200.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • 1/2 Bathrooms: 2
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Fence, Community Features Included: Sidewalks, Level
  • Floor Covering: Carpet, Tile
  • Roof Type: Composition
  • Heating Fuels: Wall Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 1295000
  • unparsedaddress: 2221 Oak Street
  • postalcity: Paso Robles
  • stateorprovince: CA
  • country: US
  • postalcode: 93446
  • bathroomsfull: 3
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.257116620752984
  • lotsizeunits: Square Feet
  • lotsizearea: 11200
  • livingarea: 2632
  • livingareaunits: Square Feet
  • latitude: 35.637431
  • longitude: -120.693803
  • listagentfullname: Kandie Frederick
  • listagentemail: kandie@countryrealestate.com
  • listagentkey: 3yd-MRMLSCA-PRFREDERIC
  • listagentmlsid: PRFREDERIC
  • listagentpreferredphone: 8052399566
  • listagentofficephone: 8052399566
  • listofficekey: 3yd-MRMLSCA-PRCOUNTR
  • listagentstatelicense: 01358589
  • listofficemlsid: PRCOUNTR
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1967
  • listingcontractdate: 2026-02-13
  • listagenturl: http://www.countryrealestate.com
  • countyorparish: San Luis Obispo
  • parcelnumber: 018162008
  • appliances: Cooktop, Cooktop - Gas
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Stucco
  • flooring: Carpet, Tile
  • heating: Wall Furnace
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 3
  • parkingfeatures: Carport, Garage
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fan(s)
  • exteriorfeatures: Fence, Community Features Included: Sidewalks, Level
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -120.6938, 35.637432
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Country Real Estate, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"agent@countryrealestate.com", "ListBrokerageCity":"Paso Robles", "ListBrokerageCountry":"US", "ListBrokerageEmail":"agent@countryrealestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/aea46ce1069311e799940242ac110003/20220416002442962.png", "ListBrokerageName":"Country Real Estate, Inc", "ListBrokeragePhone":"805-239-9566", "ListBrokeragePostalCode":"93446", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"630 14th Street", "ListBrokerageWebsiteUrl":"http://www.countryrealestate.com", "ListOfficeAddress1":"630 14th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"IVSAUNHIL", "ListOfficeCity":"Paso Robles", "ListOfficeCountry":"US", "ListOfficeEmail":"kandie@countryrealestate.com", "ListOfficePostalCode":"93446", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Paso Robles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2221-Oak-St_Paso-Robles_CA_93446_M12421-01091?f=listhub&s=MRMLSCA&m=NS26033509&c=rexren", "MLSModificationTimestamp":"2026-02-13T18:09:28Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/14/2026 7:08:29 AM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Kandie Frederick, Country Real Estate, kandie@countryrealestate.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.