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    Paso Robles, CA
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    Paso Robles, CA Residential Income Properties for Sale

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    Adjacent Apartment Portfolio with 24 Units
    Updated: Apr 30
    Adjacent Apartment Portfolio with 24 Units

    3411-& 3505 Spring Street, Paso Robles, CA 93446

    $4,900,000
    16,748 sqft 0.79 AC lot
    Two adjacent multifamily properties in Paso Robles totaling 24 units on separate lots
    3411 Spring Street: 14‑unit, two‑story walk‑up built in 1970 with approx. 11,748 rentable SF
    3505 Spring Street: 10‑unit, two‑story property originally constructed as a motel and converted to residential; approx. 5,000 rentable SF
    Over 0.79 acres combined along the Spring Street corridor; zoned PR/R4 (3411) and T‑4NC (3505)
    Both properties managed by MPM Inc. for a seamless transition to new ownership
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    This listing looks promising.

    Here's a quick look at some key insights for

    3411-& 3505 Spring Street, Paso Robles, CA 93446

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $323K
      Annual

    • Mortgage

      $1.63M
      Aug 2023

    • Last Sold

      Aug 2023
      $1.51M

    • Property Type

      Apartment House
      Built 1968
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    Multifamily Income Property
    Updated: May 19
    Multifamily Income Property

    528 Creston, Paso Robles, CA 93446

    $975,000
    1,664 sqft 0.17 AC lot
    Gas range included
    Year built: 1953
    Public water service
    Public sewer service
    Layout includes 4 bedrooms, 2 bathrooms, and a dedicated laundry room
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    Two-Unit Ranch Duplex
    Two-Unit Ranch Duplex

    309-311 15th Street, Paso Robles, CA 93446

    $799,900
    2,100 sqft 0.16 AC lot

    Duplex on a tree-shaded lot with double carports and storage, featuring two bed/one-to-two bath units.

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    Two-Unit Duplex with Double Carports
    Two-Unit Duplex with Double Carports

    309-& 311 15th Street, Paso Robles, CA 93446

    $849,000
    0.16 AC lot

    Charming duplex with two-bedroom units, each featuring double carports with storage, plus alley access for the rear unit.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Craftsman-Style Home with Porch
    Craftsman-Style Home with Porch

    1545 Park Street, Paso Robles, CA 93446

    $750,000

    Circa 1900 craftsman-style 3-bedroom, 1-bath home featuring a wide front porch in Paso Robles.

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    Home with Live/Office Zoning
    Home with Live/Office Zoning

    732 16th Street, Paso Robles, CA 93446

    $415,000

    Charming small home approved for home or office use, within walking distance of dining, wine tasting, and a city park.

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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    309 & 311 15th Street, Paso Robles, CA 93446

    $849,000

    Duplex with two separate patios and double carports, offering flexible options for rental income or owner-occupancy.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    Paso Robles, CA 93446

    Contact for pricing

    For sale apartment building with residential income potential in Paso Robles, California.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Paso Robles, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Atascadero Apartment Complex For Sale
    Atascadero Apartment Complex For Sale

    11145-11215 El Camino Real, Atascadero, CA 93422

    $7,595,000
    62,548 sqft

    64-unit apartment complex with garages and pool in Atascadero, CA.

    View details
    Remodeled Duplex in San Miguel
    Remodeled Duplex in San Miguel

    346 12th, San Miguel, CA 93451

    $619,000
    1,400 sqft

    Updated duplex in a growing community with income potential.

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    Triplex with Commercial Zoning
    Triplex with Commercial Zoning

    8740 El Camino Real, Atascadero, CA 93422

    $1,080,000
    0.39 AC lot

    For sale triplex on a 0.3857-acre lot in Atascadero, zoned CS.

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    Two Homes on One Lot
    Two Homes on One Lot

    1524 K Street, San Miguel, CA 93451

    $935,000

    Two homes on one lot, great investment opportunity.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land in Paso Robles
    Development Land in Paso Robles

    420 Creston Road, Paso Robles, CA 93446

    $1,699,000
    4.30 AC lot

    Development opportunity for 20 units near downtown Paso Robles.

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    Paso Robles Westside Land Opportunity
    Paso Robles Westside Land Opportunity

    153 Pacific Avenue, Paso Robles, CA 93446

    $215,000
    0.11 AC lot

    Build your dream home on this Paso Robles parcel.

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    Paso Robles Scenic Acreage
    Paso Robles Scenic Acreage

    110 Kiler Cyn, Paso Robles, CA 93446

    $1,600,000
    4.00 AC lot

    Scenic 4-acre lot in Paso Robles wine country.

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    Paso Robles Development Opportunity
    Paso Robles Development Opportunity

    845 Creston Road, Paso Robles, CA 93446

    $399,000
    0.90 AC lot

    0.9 acre lot with potential for five units.

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    Off-Market Properties in Paso Robles, CA

    Consider similar Off-Market properties in Paso Robles, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6250 Gage Irving Rd
    MOBILE HOME PARK, TRAILER PARK

    6250 Gage Irving Rd, Paso Robles, CA 93446

    $605,000
    Estimated value
    2,208 sqft 10.11 AC lot
    View details
    1945 Adelaida Rd
    MOBILE HOME PARK, TRAILER PARK

    1945 Adelaida Rd, Paso Robles, CA 93446-9776

    Value Estimation by Request
    1,536 sqft 99.94 AC lot
    View details
    318 4th St
    APARTMENT HOUSE (5+ UNITS)

    318 4th St, Paso Robles, CA 93446-2401

    Value Estimation by Request
    756 sqft 0.94 AC lot
    View details
    420 11th St
    APARTMENT HOUSE (5+ UNITS)

    420 11th St, Paso Robles, CA 93446-2527

    Value Estimation by Request
    0.49 AC lot
    View details
    3550 Ardana Rd
    MOBILE HOME PARK, TRAILER PARK

    3550 Ardana Rd, Paso Robles, CA 93446-9732

    $610,000
    Estimated value
    960 sqft 11.60 AC lot
    View details
    872 Exline Rd
    MOBILE HOME PARK, TRAILER PARK

    872 Exline Rd, Paso Robles, CA 93446-7648

    Value Estimation by Request
    840 sqft 44.56 AC lot
    View details
    Chimney Rock
    MOBILE HOME PARK, TRAILER PARK

    Chimney Rock, Paso Robles, CA 93446

    Value Estimation by Request
    1,161 sqft 600.00 AC lot
    View details
    3770 Riv Rd
    MOBILE HOME PARK, TRAILER PARK

    3770 Riv Rd, Paso Robles, CA 93446-8392

    Value Estimation by Request
    1,980 sqft 40.00 AC lot
    View details
    5325 Broken Spur Pl
    MOBILE HOME PARK, TRAILER PARK

    5325 Broken Spur Pl, Paso Robles, CA 93446-9813

    Value Estimation by Request
    576 sqft 29.69 AC lot
    View details
    3548 Oak St
    APARTMENT HOUSE (5+ UNITS)

    3548 Oak St, Paso Robles, CA 93446-1140

    $2,020,000
    Estimated value
    9,266 sqft 0.44 AC lot
    View details
    5990 Sunny Gln Ln
    MOBILE HOME PARK, TRAILER PARK

    5990 Sunny Gln Ln, Paso Robles, CA 93446-8772

    Value Estimation by Request
    800 sqft 34.47 AC lot
    View details
    355 Nygren Rd
    MOBILE HOME PARK, TRAILER PARK

    355 Nygren Rd, Paso Robles, CA 93446

    Value Estimation by Request
    2,549 sqft 21.98 AC lot
    View details
    5505 Whispering Pnes Ln
    MOBILE HOME PARK, TRAILER PARK

    5505 Whispering Pnes Ln, Paso Robles, CA 93446

    Value Estimation by Request
    960 sqft 10.00 AC lot
    View details
    2844 Oak St
    APARTMENT HOUSE (5+ UNITS)

    2844 Oak St, Paso Robles, CA 93446-1232

    Value Estimation by Request
    816 sqft 0.22 AC lot
    View details
    6185 Long Hl Pl
    MOBILE HOME PARK, TRAILER PARK

    6185 Long Hl Pl, Paso Robles, CA 93446-9427

    $1,080,000
    Estimated value
    1,646 sqft 11.08 AC lot
    View details
    1480 Penman Spgs Rd
    MOBILE HOME PARK, TRAILER PARK

    1480 Penman Spgs Rd, Paso Robles, CA 93446-9361

    $600,000
    Estimated value
    2,156 sqft 19.70 AC lot
    View details

    Paso Robles, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Paso Robles, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 20,512 square feet of properties for sale, with an estimated market value of $6,674,900.

    Sale prices for residential income properties in Paso Robles, CA start at $799,900, averaging $2,224,966, and reaching up to $4,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 7
    Duplexes 4
    Apartment buildings 3
    Single family properties 2

    Demographics Overview

    Population 46K
    Population Growth (5Y) +2.5%
    Median Household Income $94,512
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Paso Robles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93446 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $13.63 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Paso Robles fall within the 5,000 to 10,000 square foot range.

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