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Remodeled Paso Robles Apartment Building
For Sale
Contact for pricing
Pending

3505 Spring, Paso Robles, CA 93446

Recently remodeled 10-unit apartment building in Paso Robles, California.

Property SizeContact for details
Days on Market143

Property Features for 3505 Spring

General Information

Standard status Pending
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Units 10
Listing Agency: Active Realty Inc
Listed By: Justin Tye · License #DRE #01868831
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 8 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Active Realty Inc

Investment Insights

Based on property information with market context.

Located in an Opportunity Zone within the Paso Robles market, this recently remodeled 10-unit apartment building is intended for investors seeking stable cash flow. The property features a diversified unit mix, including 6 studio units and 1 one-bedroom unit on the upper level, each with a full bathroom. The lower level includes a larger two-bedroom/two-bath residence and 3 additional one-bedroom units. On-site amenities include a paved parking lot with over 20 parking spaces and a fenced patio area for the first-level units. The property is positioned in a growing Central Coast community with consistent rental demand.

Key Highlights

  • Located in a desirable Paso Robles Opportunity Zone, offering potential tax benefits for investors.
  • Recently remodeled 10‑unit apartment building, providing a modern living experience.
  • Diversified unit mix (studios, one‑bedroom, and two‑bedroom units) appealing to a broad tenant base.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Real Estate Agency Law Firm Nail Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

188
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Recently remodeled 10-unit apartment building in Paso Robles, California.
Where is this apartment building located?
The property is located at 3505 Spring Paso Robles, CA.
What is the asking price?
The asking price for this property is $2,359,000.
What are key features of this property?
This property features: Located in a desirable Paso Robles Opportunity Zone, offering potential tax benefits for investors.; Recently remodeled 10‑unit apartment building, providing a modern living experience.; Diversified unit mix (studios, one‑bedroom, and two‑bedroom units) appealing to a broad tenant base.
More about this property
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