Login

3505 Spring Street, Paso Robles, CA 93446

Paso Robles
Local realty services provided by:CENTURY 21 Adams & Barnes
3505 Spring Street,Paso Robles, CA 93446
$1,699,000
  • - Beds
  • - Baths
  • 5,000 sq. ft.
  • Multi-family
  • Active
Listed by: abel contreras, chelsea king
Office: invest slo805-709-7143
MLS#:PI26094991
Source:CRMLS

Price summary

  • Price:$1,699,000
  • Price per sq. ft.:$339.8

About this home

(PORTFOLIO SALE) Combined portfolio 3411 Spring Street and 3505 Spring Street offered at $4,500,000. 3505 Spring Street is a unique 10-unit multifamily property in the heart of Paso Robles, offered at approximately $169,000/unit, $339/SF with a stabilized cap rate of 8.91% and annual rent upside of approximately $53,340. The property spans approximately 5,000 rentable square feet across two stories on a ±0.40-acre lot. The diverse unit mix includes five (5) studios with one bathroom, one (1) studio with two bathrooms, two (2) one-bedroom/one-bathroom units, one (1) one-bedroom/two-bathroom unit, and one (1) two-bedroom/two-bathroom unit — catering to a broad renter demographic. The property is zoned T-4NC and sits within a federally designated Opportunity Zone, providing meaningful tax advantages for qualifying investors. A RUBS program implemented in October 2025 per CA Civil Code §827 passes approximately 90% of gross utility costs back to tenants, materially improving net operating...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1968
  • Listing ID #:PI26094991
  • Added:61 day(s) ago
  • Updated:July 30, 2026 at 11:04 AM

Rooms and interior

  • Living area:5,000 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Roof:Asphalt
  • Year built:1968
  • Building area:5,000 sq. ft.
  • Lot area:0.39 Acres
  • Lot Features:Paved
  • Architectural Style:Traditional
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,699,000
  • Price per sq. ft.:$339.8

Parking

  • Total parking spaces:20
  • Parking description:Asphalt, Assigned, On Site, Paved, Uncovered
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

New listings near 3505 Spring Street