Located within an Opportunity Zone in the desirable Paso Robles market, this recently remodeled 10-unit apartment building presents a compelling opportunity for investors seeking stable cash flow with long-term upside. The property offers a well-diversified unit mix designed to appeal to a broad tenant base. The upper-level features 6 studio units and 1 one-bedroom unit, each equipped with a full bathroom, while the lower level includes a larger two-bedroom/two-bath residence along with 3 additional one-bedroom units, providing flexibility in rental options and income potential.
Residents enjoy convenient on-site amenities including a paved parking lot offering 20+ parking spaces, a fenced patio area for the first level units that enhance outdoor usability and overall livability. The functional layout and practical features support strong tenant retention, making this a solid income-producing asset. Positioned in a growing Central Coast community with consistent rental demand, this Paso Robles property offers a rare combination of diversified unit configuration, everyday conveniences, and Opportunity Zone benefits—an attractive addition to any investment portfolio.
For sale
Listing Provided by: Real Broker
$2,359,000
3505 Spring St, Paso Robles, CA 93446
6beds
--baths
5,000sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$472/sqft
$-- HOA
What's special
Functional layout
- 2 days |
- 138 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 02:07pm
Listing Provided by:
Justin Tye DRE #01728694 JT@ActiveRealty.com,
Real Broker,
Ileana Campos DRE #02251240 714-369-3566,
Real Brokerage Technologies, Inc.
Source: CRMLS,MLS#: OC26063534
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Central
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Fencing: Partial
Lot
- Size: 0.39 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 008031028
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Subdivision: Other
Location
- Region: Paso Robles
Financial & listing details
- Price per square foot: $472/sqft
- Date on market: 3/24/2026
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,555/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Listed for sale | $2,359,000+56.2%$472/sqft |
Source: | ||
| 3/4/2026 | Price change | $1,300-7.1% |
Source: Zillow Rentals Report a problem | ||
| 8/27/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 8/14/2023 | Sold | $1,510,000+0.7%$302/sqft |
Source: | ||
| 7/18/2023 | Pending sale | $1,499,000$300/sqft |
Source: | ||
| 7/3/2023 | Listed for sale | $1,499,000$300/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$14,148/mo
Principal & interest
$12005
Property taxes
$2143
More affordability tools
Climate risks
Neighborhood: 93446
Nearby schools
GreatSchools rating
- 7/10Georgia Brown Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10George H. Flamson Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Paso Robles High SchoolGrades: 9-12Distance: 2.6 mi
Local experts in 93446
- California
- San Luis Obispo County
- Paso Robles
- 93446
- 3505 Spring St





