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3411 Spring Street, Paso Robles, CA 93446

Paso Robles
Local realty services provided by:CENTURY 21 Masters
3411 Spring Street,Paso Robles, CA 93446
$2,799,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: abel contreras, chelsea king
Office: invest slo
MLS#:PI26094992
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,799,000

About this home

3411 Spring Street is a 14-unit multifamily property situated in a well-established Paso Robles neighborhood, offered at approximately $263/SF with a stabilized cap rate of 7.60 % and annual rent upside of approximately $102,060. Built in 1970 and spanning approximately 11,748 rentable square feet across two stories, the property consists of ten (10) one-bedroom/one-bathroom apartments and four (4) two-bedroom/one-bathroom apartments all currently occupied. Units feature functional floor plans with ample natural light, and residents enjoy 14 covered carport spaces and on-site parking. The property is zoned PR/R4, supporting its established multifamily use, and sits on a generous 0.39-acre lot. Located minutes from downtown Paso Robles, residents have convenient access to the city's acclaimed dining, wine country, shopping, and employment corridors. With current rents averaging well below market rate several tenants having been in place since as early as 2008 a new owner has a clear...

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Home facts

  • Listing ID #:PI26094992
  • Added:60 day(s) ago
  • Updated:July 29, 2026 at 02:43 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$2,799,000
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