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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.
Property Type(s):
Single Family
| Last Updated | 2/25/2026 | Tract | PR City Limits West(120) |
|---|---|---|---|
| Year Built | 1967 | Community | PRIC - PR Inside City Limit |
| Garage Spaces | 3.0 | County | San Luis Obispo |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Cooktop, Water Heater |
| AREA | PRIC - PR Inside City Limit |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 0.2571 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 11200 |
| PARKING | Concrete, Carport, Garage, Storage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | PR City Limits West(120) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Country Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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