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ActivePrice Reduced 91 days on market

3505 Spring

Paso Robles, CA 93446

$2,359,000

$2,399,000

3505 Spring
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+10 more
Beds
Baths
Sq Ft
0.39Acres
1968Built

About This Home

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.

Property Details

Property TypeMultiFamily
Year Built1968
Lot Size0.39 acres
HeatingCentral
CoolingWallWindowUnits
PoolNo
MLS #1151864371
Days on Market91 days

Location

Listed by

Justin Tye

Real Broker

MLS# OCTYEJUST

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.