3505 Spring St, Paso Robles, CA 93446 (MLS # OC26020584)

Price $2,399,000
Status Active
Size 5,000 sqft
Lot Size 16,950 sqft
Days on Market 16
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 Type(s): Commercial
Last Updated 2/5/2026 Year Built 1968
Community PSOR - Paso Robles County San Luis Obispo

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA PSOR - Paso Robles
HEAT Central
LOT 0.3891 acre(s)
LOT DIMENSIONS 16948
STORIES 2
UTILITIES Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
WATER Public

Location

 

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