111 Oak, Paso Robles, CA 93446
111 Oak, Paso Robles, CA 93446
111 Oak, Paso Robles, CA 93446
20
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$2,500,000
Est. payment /mo
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24 Beds
12 Baths
0.52 Acres Lot
New

111 Oak Paso Robles, CA 93446

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC26210944

Bedrooms 24

Lot Size 0.517 Acres

Property Sub-Type Res Income 2-4 Units

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

Zoning Public Rec

Direction HWY 101 North, Exit Spring Street. Left on 1st to Oak or Vine Street

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Roof Type Tile/Clay

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 009284015

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Summer Kabaker, DRE#01931668 Compass 
Co-listed byCheryl Medeiros • Compass

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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111 Oak

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