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Listed by Summer Kabaker, DRE #01931668 • Compass
$ 2,500,000
Est. payment /mo
Pending
111 Oak Paso Robles, CA 93446
0.52 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSC26210944
Year Built 1977
Lot Size 0.517 Acres
Source California Regional MLS
Property Description
Rare 12-unit multifamily investment opportunity in Paso Robles, situated in the heart of California's Central Coast wine country. The offering consists of three fourplex buildings located on one parcel at 111 Oak Street, 121 Oak Street and 122 Vine Street. The property features a consistent unit mix of twelve two-bedroom, one-bathroom residences and combines established rental income with opportunities for future growth. Currently 10 of the 12 units are occupied with two vacant units offering lease-up potential generating more income. Laundry facilities on site and each unit includes a designated carport parking spot with storage closet. Convenient access to Highway 101 and downtown Paso Robles which places residents near restaurants, shops, tasting rooms and everyday amenities. With existing cash flow, scale and value-add potential, this offering presents a compelling opportunity for a 1031 exchange buyer, multifamily investor or portfolio owner seeking to expand their holdings on California's Central Coast.
Location
State CA
County San Luis Obispo
Area Psor - Paso Robles
Rooms
Kitchen Oven Range - Electric
Interior
Heating Forced Air
Cooling Central AC
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Storage - RV, Assigned Spaces, Carport
Garage Spaces 12.0
Pool 31, None
View Local/Neighborhood
Roof Type 2,Shingle,Tile
Building
Story One Story
Foundation Raised
Water District - Public
Others
Tax ID 009284015
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