$2,500,000
$2,500,000
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111 Oak Paso Robles, CA 93446
0.52 Acres Lot
Key Details
Sold Price $2,500,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC26210944
Sold Date 11/06/26
HOA Y/N No
Rental Info 12 Months
Year Built 1977
Lot Size 0.516 Acres
Property Sub-Type Apartment
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
Interior
Interior Features Tile Counters
Heating Forced Air
Cooling Central Air
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Electric Range
Laundry Common Area
Exterior
Parking Features Assigned, Carport, Storage
Carport Spaces 12
Fence None
Pool None
Community Features Curbs
Utilities Available Cable Available
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Shingle,Tile
Accessibility None
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 009284015
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Trust
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Bought with Anthony Aurignac Venture Real Estate
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