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Downtown Triplex With Redevelopment Plans
For Sale
$945,000

1434-1436 Pine Street, Paso Robles, CA 93446

Paso Robles, CA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market35

Property Features for 1434-1436 Pine Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Laundry Room, Bedroom 2, Bathroom 3, Bathroom 1
Parking 2
Subdivision PR City Limits West(120)
Lot features Sloped Down
Directions 13th to Pine, property is on right hand side.
Standard status Active
APN 008326002
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 1
Number of units 3
Building materials Lap Siding, Stucco
Roof type Composition
Architectural style Bungalow
Listing Agency: COMPASS
Listed By: Robert Sousa · License #01774193
Added: Sep 3 Changed: Oct 6 Last Checked: Oct 7 at 7:06AM
MLS# NS26193449

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1910 bungalow-style triplex includes three residential rental units with a combination of one- and two-bedroom layouts. The improvements feature lap siding and stucco, wall-furnace heating, wall or window cooling, a composition roof, and public water and sewer service. The property is zoned TC-2 and is positioned for continued residential use or evaluation of a previously approved redevelopment plan.

The site is located at 1434-1436 Pine Street in downtown Paso Robles, two blocks from Downtown City Park and within a federally designated Opportunity Zone. It has dual frontage along Pine and Railroad Streets, with nearby restaurants, tasting rooms, shopping, and other downtown amenities.

The approved concept calls for four residences, including two approximately 1,500-square-foot three-bedroom, 2.5-bath homes and two approximately 1,250-square-foot two-bedroom, 2.5-bath homes. Plans also include a subterranean four-car garage designed for up to eight vehicles with tandem parking.

Key Highlights

  • Three‑unit triplex with a mix of one- and two‑bedroom residences
  • TC‑2 zoning with a previously approved four‑unit redevelopment concept
  • Two blocks from Downtown City Park in Paso Robles

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Tanning Salon HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,711
Businesses Nearby

Demographics for 93446, CA

45,979
Population
19,786
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
428.3 sq mi
ZIP Area
107
Density / Sq Mi
$94,512
Median Household Income
$43,229
Median Earnings
$1,946
Median Rent
$661,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - TC-2-zoned triplex with public water and sewer and an approved residential redevelopment concept.
Where is this triplex located?
The property is located at 1434-1436 Pine Street Paso Robles, CA.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Three‑unit triplex with a mix of one- and two‑bedroom residences; TC‑2 zoning with a previously approved four‑unit redevelopment concept; Two blocks from Downtown City Park in Paso Robles
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