2221 Oak Street, Paso Robles, CA 93446

• 6 beds |
• 7 baths |
• 2,632 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 25, 2026

Data Last Updated:

March 3, 2026 at 2:19PM

Listing Office:

Country Real Estate : 805-239-9566

Listing Agent:

Kandie Frederick : 805-878-2225

MLS ID:

NS26041998

Interior

• General: Ceiling Fan(s)
• Appliances: Gas CooktopWater Heater
• Laundry: Common AreaIn Carport
• Flooring: CarpetTile
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace
• Fireplace: None

Exterior

• General: Storage
• Other Structures: Storage
• Pool: None
• Parking: ConcreteCarportGarageStorageParking spaces: 9

Construction

• Roofing: Composition
• General: Stucco2Slab

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• School District: Paso Robles Joint Unified
• County: San Luis Obispo

Lot

• Zoning: 018162008
• View: NeighborhoodView
• Fencing: Chain Link

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM
• Exclusions: tenant belongings.