$1,295,000
Est. $7,252/mo2221 Oak Street, Paso Robles, CA 93446
About this home
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 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.
infoProperty Facts
Bedrooms
6
Bathrooms
7
Square Feet
2,632
Lot Size
11,200 sqft
Year Built
1967
Property Type
Triplex
Days on Market
1
HOA Fee
N/A
Garage Total
3
MLS #
NS26041998
chairInterior Details
General Interior
Interior Features
Ceiling Fans
Flooring
Carpet, Tile
Kitchen & Appliances
Appliances
Gas Cooktop, Water Heater
Laundry
Common Area, In Carport
Bed & Bath
Main Level Bathrooms
2
Climate Control
Cooling
Wall Window Units
Heating
Wall Furnace
garageParking
Total Parking Spaces
9
Garage Spaces
3
Carport Spaces
3
Open Parking Spaces
3
Parking Features
Concrete, Carport, Garage, Storage
deckExterior & Lot
Building & Construction
Fencing
Chain Link
Construction
Stucco
Foundation
Slab
Roof
Composition
Lot & Grounds
Lot Features
Level
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Sidewalks
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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