3411 Spring Street, Paso Robles, CA 93446

Paso Robles
Local realty services provided by:ERA North Orange County Real Estate
3411 Spring Street,Paso Robles, CA 93446
$3,100,000
  • - Beds
  • - Baths
  • 11,808 sq. ft.
  • Multi-family
  • Active
Listed by: abel contreras, chelsea king
Office: invest slo805-709-7143
MLS#:PI26094992
Source:CRMLS

Price summary

  • Price:$3,100,000
  • Price per sq. ft.:$262.53

About this home

(PORTFOLIO SALE) Combined portfolio 3411 Spring Street and 3505 Spring Street offered at $5,000,000. 3411 Spring Street is a 14-unit multifamily property situated in a well-established Paso Robles neighborhood, offered at approximately $263/SF with a stabilized cap rate of 6.76% and annual rent upside of approximately $102,060. Built in 1970 and spanning approximately 11,748 rentable square feet across two stories, the property consists of ten (10) one-bedroom/one-bathroom apartments and four (4) two-bedroom/one-bathroom apartments — all currently occupied. Units feature functional floor plans with ample natural light, and residents enjoy 14 covered carport spaces and on-site parking. The property is zoned PR/R4, supporting its established multifamily use, and sits on a generous ±0.39-acre lot. Located minutes from downtown Paso Robles, residents have convenient access to the city's acclaimed dining, wine country, shopping, and employment corridors. With current rents averaging well...

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Home facts

  • Year built:1978
  • Listing ID #:PI26094992
  • Added:1 day(s) ago
  • Updated:May 29, 2026 at 09:34 PM

Rooms and interior

  • Living area:11,808 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1978
  • Building area:11,808 sq. ft.
  • Lot area:0.38 Acres
  • Lot Features:Paved, Rectangular Lot
  • Architectural Style:Traditional
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,100,000
  • Price per sq. ft.:$262.53

Parking

  • Total parking spaces:14
  • Parking description:Assigned, Covered, One Space, Paved
  • Garage:Yes
  • Garage spaces:14
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