2221 Oak ST, Paso Robles, CA 93446
2221 Oak ST, Paso Robles, CA 93446
2221 Oak ST, Paso Robles, CA 93446
2221 Oak ST, Paso Robles, CA 93446
2221 Oak ST, Paso Robles, CA 93446
2221 Oak ST, Paso Robles, CA 93446
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$ 1,245,000
Est. payment | /mo

0.26 Acres Lot


$ 1,245,000
Est. payment | /mo

0.26 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Subdivision Pr City Limits West(120)

MLS Listing ID NS26033509

HOA Y/N No

Year Built 1967

Lot Size 0.257 Acres

Property Sub-Type Triplex

Property 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.

Location

State CA

County San Luis Obispo

Area Pric - Pr Inside City Limit

Rooms

Other Rooms Storage

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type None

Inclusions coin-op washer/dryer

Fireplace No

Appliance Gas Cooktop, Water Heater

Laundry Common Area, In Carport

Exterior

Parking Features Concrete, Carport, Garage

Garage Spaces 3.0

Carport Spaces 3

Garage Description 3.0

Fence Chain Link

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 9

Private Pool No

Building

Lot Description Level

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Storage

New Construction No

Others

Senior Community No

Tax ID 018162008

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Virtual Tour https://shotsofspots.com/2221-Oak-Street/idx

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Listed by Kandie Frederick Country Real Estate 805-878-2225, DRE #01358589

Nearby Locations

Debra Lowe

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 801-6911

home@debralowelegacy.com

893 Marsh St., San Luis Obispo, CA, 93401, USA

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2221 Oak ST