805-466-2540
Real Estate Company
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.
Listing courtesy of Listing Agent: Summer Kabaker (summer.kabaker@compass.com) from Listing Office: Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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