2221 Oak Street, Paso Robles, CA 93446
Local realty services provided by:CENTURY 21 Adams & Barnes
Listed by: kandie frederick
Office: country real estate
MLS#:NS26033509
Source:CRMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$492.02
About this home
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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Home facts
- Year built:1967
- Listing ID #:NS26033509
- Added:1 day(s) ago
- Updated:February 15, 2026 at 03:33 PM
Rooms and interior
- Living area:2,632 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1967
- Building area:2,632 sq. ft.
- Lot area:0.26 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$492.02
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