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Four-Unit Multifamily Property
New
For Sale
$1,150,000

528 Oak Street, Paso Robles, CA 93446

Paso Robles, CA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market4

Property Features for 528 Oak Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning T3-N
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Laundry Room, Bedroom 3, Bedroom 5, Great Room, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 4
Parking 2
Parking features Garage
Window features Double Pane Windows
Appliances Refrigerator, Electric Range, Gas Range, Dishwasher
Subdivision PR City Limits West(120)
Lot features Rectangular Lot, 0-1 Unit/ Acre, Near Public Transit
Directions Spring St to 6th St. West on 6th one block to Oak. Right on Oak to property (on left)
Standard status Active
APN 009257004
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Ductless (Heating)
Cooling system Ductless, Central Air
Water source Public

Building Details

Year built 1942
Floors in Building 2
Number of units 4
Flooring type Laminate
Building materials Wood Siding, Stucco
Roof type Composition
Architectural style Cottage
Listing Agency: Luxton Real Estate
Listed By: Karlie Montgomery · License #01905914
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 18 at 9:06AM
MLS# NS26224397

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.

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Investment Insights

Based on property information with market context.

Four residences are arranged across a 0.1607-acre T3-N lot: a two-bedroom, one-bath cottage built in 1942, a 350-square-foot studio, and two one-bedroom, one-bath homes in a masonry building constructed in 1989. The main house has been renovated and includes a walk-in basement. The studio features a tongue-and-groove pine interior and a mini-split. One of the one-bedroom homes received a full remodel in 2025; the other has central heating and air conditioning. An owned 15.3 kW solar system serves the property, with sub-metering.

The property is on Oak Street in Paso Robles, within walking distance of downtown restaurants, banking, shops, and recreation. The main house may be delivered vacant or occupied. The studio is rented month to month, and both one-bedroom homes are leased; the lower level of one home is rented separately.

Key Highlights

  • Four residences on a 0.1607‑acre T3‑N lot
  • 1942 two‑bedroom, one‑bath cottage with walk‑in basement
  • 350‑square‑foot studio with 3/4 bath and mini‑split

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Grocery & Convenience Store Locksmith Tattoo & Piercing Shop

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

4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,605
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences occupy a T3-N lot, with a mix of cottage, studio, and one-bedroom layouts.
Where is this quadplex located?
The property is located at 528 Oak Street Paso Robles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four residences on a 0.1607‑acre T3‑N lot; 1942 two‑bedroom, one‑bath cottage with walk‑in basement; 350‑square‑foot studio with 3/4 bath and mini‑split
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