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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.
| Last Updated | 10/2/2026 | Year Built | 1977 |
|---|---|---|---|
| Community | PSOR - Paso Robles | County | San Luis Obispo |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range |
| AREA | PSOR - Paso Robles |
| CONSTRUCTION | Fiber Cement, Frame, Stucco |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| INTERIOR | Tile Counters |
| LOT | 0.5165 acre(s) |
| LOT DIMENSIONS | 22500 |
| PARKING | Assigned, Carport, Storage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/6/26 6:57 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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