$2,359,000/mo

3505 Spring, Paso Robles, CA 93446

  • 5,000 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $472/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Located within an Opportunity Zone in the desirable Paso Robles market, this recently remodeled 10-unit apartment building presents a compelling opportunity for investors seeking stable cash flow with long-term upside. The property offers a well-diversified unit mix designed to appeal to a broad tenant base. The upper-level features 6 studio units and 1 one-bedroom unit, each equipped with a full bathroom, while the lower level includes a larger two-bedroom/two-bath residence along with 3 additional one-bedroom units, providing flexibility in rental options and income potential. Residents enjoy convenient on-site amenities including a paved parking lot offering 20+ parking spaces, a fenced patio area for the first level units that enhance outdoor usability and overall livability. The functional layout and practical features support strong tenant retention, making this a solid income-producing asset. Positioned in a growing Central Coast community with consistent rental demand, this Paso Robles property offers a rare combination of diversified unit configuration, everyday conveniences, and Opportunity Zone benefits—an attractive addition to any investment portfolio.

Listing Status:
Active
Date Added:
March 24, 2026
Data Last Updated:
April 17, 2026 at 9:20PM
Listing Office:
Real Broker : 619-248-6434
Listing Agent:
Justin Tye : 949-381-8581
MLS ID:
OC26063534
  • Laundry: None
  • A/C: Wall/Window Unit(s)
  • Heating: Central
  • Fireplace: None
  • Pool: None
  • Parking: Parking spaces: 0
  • Roofing: Shingle
  • General: 2
  • Originating MLS: CRMLS_CRM
  • County: San Luis Obispo
  • Zoning: 008031028
  • Fencing: Partial
  • Utilities: Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Justin Tye , Real Broker

Location

Schools Nearby

G

Georgia Brown Elementary School

525 36th St, Paso Robles, CA, 93446

Grades KG-5

0.11 miles away

G

George H. Flamson Middle School

2405 Spring St, Paso Robles, CA, 93446

Grades 6-8

0.76 miles away

I

Independence High School

812 Niblick Rd, Paso Robles, CA, 93446

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.