Rare 12-unit multifamily investment opportunity in Paso Robles, situated in the heart of California's Central Coast wine country. The offering consists of three fourplex buildings located on one parcel at 111 Oak Street, 121 Oak Street and 122 Vine Street. The property features a consistent unit mix of twelve two-bedroom, one-bathroom residences and combines established rental income with opportunities for future growth. Currently 10 of the 12 units are occupied with two vacant units offering lease-up potential generating more income. Laundry facilities on site and each unit includes a designated carport parking spot with storage closet. Convenient access to Highway 101 and downtown Paso Robles which places residents near restaurants, shops, tasting rooms and everyday amenities. With existing cash flow, scale and value-add potential, this offering presents a compelling opportunity for a 1031 exchange buyer, multifamily investor or portfolio owner seeking to expand their holdings on California's Central Coast.
For sale
Listed by: Compass • Summer Kabaker • Contact: 805-234-0533
$2,500,000
111 Oak St, Paso Robles, CA 93446
288beds
144baths
11,520sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$217/sqft
$-- HOA
What's special
- 8 days
- 293
- 18
Zillow last checked:
Listing updated:
Listed by:
Summer Kabaker DRE #01931668 805-234-0533,
Compass,
Cheryl Medeiros DRE #02187281 805-704-3370,
Compass
Source: CRMLS,MLS#: SC26210944
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 288
- Bathrooms: 144
Rooms
- Room types: Kitchen
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range
- Laundry: Common Area
Features
- Tile Counters
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 11,520
- Total interior livable area: 11,520 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned, Carport, Storage
- Carport spaces: 12
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: ground + 2nd story access for top units
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.52 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 009284015
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Cement, Frame, Stucco
- Foundation: Raised
- Roof: Asphalt,Shingle,Tile
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Curbs
Location
- Region: Paso Robles
Financial & listing details
- Price per square foot: $217/sqft
- Date on market: 10/2/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Exclusions: Tenant personal property
- Lease term: 12 Months,Month To Month
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $2,500,000$217/sqft |
Source:  CRMLS #SC26210944 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
