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Legacy Real Estate Inc
111 Oak, Paso Robles, CA 93446
- $2,500,000
Listed by Summer Kabaker, from Compass
(If provided) CoList: Cheryl Medeiros from Compass
- List Price
- $2,500,000
- MLS#
- CRSC26210944
- Status
- CONTINGENT
- Levels
- One Story
- Lot Size
- 22,500
- Listing Area
- Psor - Paso Robles
- Year Built
- 1977
Property Description
Rare 12-unit multifamily investment opportunity in Paso Robles, situated in the heart of California's Central Coast wine country. The offering consists of three fourplex buildings located on one parcel at 111 Oak Street, 121 Oak Street and 122 Vine Street. The property features a consistent unit mix of twelve two-bedroom, one-bathroom residences and combines established rental income with opportunities for future growth. Currently 10 of the 12 units are occupied with two vacant units offering lease-up potential generating more income. Laundry facilities on site and each unit includes a designated carport parking spot with storage closet. Convenient access to Highway 101 and downtown Paso Robles which places residents near restaurants, shops, tasting rooms and everyday amenities. With existing cash flow, scale and value-add potential, this offering presents a compelling opportunity for a 1031 exchange buyer, multifamily investor or portfolio owner seeking to expand their holdings on California's Central Coast.
Additional Information
- Amenities
- Counters
- Cooling System
- Central AC
- Floor Covering
- Laminate
- Foundation
- Raised
- Garage Parking
- Storage - RV, Assigned Spaces, Carport
- Heating System
- Forced Air
- Laundry Facilities
- Laundry Area, Washer/Dryer - Owned
- Levels
- One Story
- Lot Size
- 22,500
- Neighborhood
- Psor - Paso Robles
- Pool Description
- 31, None
- Roof
- 2, Shingle, Tile
- Unincorporated Yn
- Yes
- View
- Neighborhood View
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