About 2221 Oak Street
Exceptional opportunity to acquire a desirable triplex in the highly desirable 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 unitan 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 flexibilityideal for investors seeking both yield and growth.
