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For sale
  • Listing Provided by: Real Broker
    $2,359,000

    3505 Spring St, Paso Robles, CA 93446

    6beds
    --baths
    5,000sqft
    : 
    Multi Family
    Built in 1968
    -- sqft lot
    $2,270,500 Zestimate®
    $472/sqft
    $-- HOA

    What's special

    Functional layout
    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.
    7 days
    |
    230
    |
    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#: OC26063534MLS LogoOriginating MLS: California Regional MLS

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      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
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        Estimated market value

        $2,270,500

        $2.16M - $2.38M

        $1,555/mo

        Price history

        Price history
        DateEventPrice
        3/24/2026Listed for sale$2,359,000+56.2%$472/sqft
        Source: CRMLS #OC26063534 Report a problem
        3/4/2026Price change$1,300-7.1%
        Source: Zillow Rentals Report a problem
        8/27/2025Listed for rent$1,400
        Source: Zillow Rentals Report a problem
        8/14/2023Sold$1,510,000+0.7%$302/sqft
        Source: CRMLS #PI23118595 Report a problem
        7/18/2023Pending sale$1,499,000$300/sqft
        Source: CRMLS #PI23118595 Report a problem
        7/3/2023Listed for sale$1,499,000$300/sqft
        Source: CRMLS #PI23118595 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $14,329/mo
        Principal & interest
        $12186
        Property taxes
        $2143
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          Climate risks

          Neighborhood: 93446

          Getting around

          52 / 100
          Somewhat Walkable
          42 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 93446

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