Exceptional opportunity to acquire a desirable triplex in the highly sought-after 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… Read More 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. Read Less
Property listed by Country Real Estate, Kandie Frederick 805-878-2225
Listing Snapshot
Days Online
19
Last Updated
Property Type
Triplex
Beds
6
Full Baths
5
Partial Baths
2
Square Ft.
2,632
Lot Size
0.26 Acres
Year Built
1967
MLS Number
NS26041998
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
GasCooktop, WaterHeater
Building
Built in 1967, Living area: 2632.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: Front, Construction Materials: Stucco
Community
Sidewalks
Cooling
WallWindowUnits
Fence
ChainLink
Fireplaces
None
Floors
Carpet, Tile
Foundation
Slab
Garage
3 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Interior Features
CeilingFans
Laundry
CommonArea, InCarport
Lot
0.2571 acres, Level
Parking
3 carport spaces, 3 open parking spaces, 9 total parking spaces, Concrete, Carport, Garage, Storage
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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