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3505 Spring Street

Paso Robles, CA 93446
  • $2,200,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: OC24114363
UPDATED: 116 min ago
$2,200,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Ratings & Info

Listing Agent(s): Justin Tye of Real Broker (619-248-6434) and Bijan Dastmalchian of REAL BROKER(619-248-6434)


Description

Discover an exceptional investment opportunity with this 10-unit apartment building located in a designated Opportunity Zone in Paso Robles. This property features a diverse range of units to accommodate various tenant needs, including five studios and one spacious one-bedroom unit on the upper level, each boasting a full bath. The lower level offers a larger two-bedroom, two-bath unit, along with three additional one-bedroom units. Key features include a paved parking lot for tenant convenience, a fenced backyard offering privacy and security, and covered patio areas perfect for outdoor relaxation. This property presents a fantastic opportunity for both seasoned investors and those looking to enter the market. This opportunity won't last!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T22:25:36.303. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/151370744
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3505 Spring Street Paso Robles, CA 93446

  • Price: $2,200,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 116 min ago
  • ID#: OC24114363
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1968
Built
Neighborhood:
PSOR - Paso Robles
County:
San Luis Obispo
Area:
PSOR - Paso Robles
Property Description
Discover an exceptional investment opportunity with this 10-unit apartment building located in a designated Opportunity Zone in Paso Robles. This property features a diverse range of units to accommodate various tenant needs, including five studios and one spacious one-bedroom unit on the upper level, each boasting a full bath. The lower level offers a larger two-bedroom, two-bath unit, along with three additional one-bedroom units. Key features include a paved parking lot for tenant convenience, a fenced backyard offering privacy and security, and covered patio areas perfect for outdoor relaxation. This property presents a fantastic opportunity for both seasoned investors and those looking to enter the market. This opportunity won't last!
Exterior Features

Entry Level 1 Entry Location 1 Fencing None Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 10 Parking Features On Site Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating None Heating YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features CurbsStreet LightsSidewalks Electric Standard Electric Expense 100 Fuel Expense 25 Garage YN No Gross Income 137580 Gross Scheduled Income 137580 Insurance Expense 75 Land Lease YN No Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 116616 New Construction YN No Number Of Separate Gas Meters 10 Number Of Separate Water Meters 10 Operating Expense 20964 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 40 Utilities Electricity AvailableElectricity ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 45 Water Source Public Zoning CR



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T22:25:36.303. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Justin Tye of Real Broker (619-248-6434) and Bijan Dastmalchian of REAL BROKER(619-248-6434)