
Paso Robles, California 93446
This Versatile Historic Triplex is listed at $1,175,000, representing a strategic acquisition reflecting its $1,031,343 Fair Market Value and income-generating potential. Boasting an Excellent Condition Rating, the property features three fully renovated units with modern kitchens, designer fixtures, and private outdoor decks and patios with neighborhood views. Located in the heart of Paso Robles Wine Country within the Paso Robles Joint Unified district, this 1920s asset offers rare flexibility for residential or office use. It is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1444 Oak Street Subject | $1,175,000* List Price | 4 | 4 | 2,202 | $468 | - |
A 1444 Vine Sold | $1,200,000 | 4 | 3 | 2,139 | $561 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1920, this triplex has undergone an extensive and high-quality renovation within the last few years. The interiors feature modern kitchens with stainless steel Frigidaire appliances, shaker cabinetry, and black subway tile backsplashes. The bathrooms are fully updated with contemporary marble-look and subway tiling, black designer fixtures, and new vanities. With refinished hardwood floors, updated light fixtures, and well-maintained exterior decks and landscaping, the property meets the criteria for a fully renovated home with no deferred maintenance.
This property features three fully updated residential units on a single lot, providing immediate rental income opportunities or a flexible multi-generational living arrangement in a high-demand market.
Situated on a prominent corner lot just minutes from downtown Paso Robles, the property offers exceptional proximity to world-class dining, tasting rooms, and local amenities, enhancing its desirability.
With potential for residential, office, or mixed-use applications, this historic property offers significant long-term value and development flexibility for investors looking to maximize the site's utility.
The middle unit is notably small at approximately 308 square feet, which may limit its appeal to long-term tenants and potentially increase turnover compared to larger residential units.
As a 1920s historic property, it may require specialized upkeep, and any conversion to mixed-use or further development is subject to rigorous and unverified city approval processes.
Oak Street triplex in a prime Paso Robles Wine Country location, just minutes from downtown. Currently configured as three residential units, this property offers flexibility for office space or mixed-use potential. The 1,104± sq. ft. main home has been updated and features two bedrooms, two bathrooms, and multiple outdoor patio areas. The 308± sq. ft. middle unit retains its original charm but has been fully updated, offering one bedroom, one bathroom, a dedicated yard with deck and fire pit, and private parking. The 776± sq. ft. rear unit has been updated and includes one bedroom, one bathroom, and a private fenced yard. Situated on a corner lot, the property presents opportunities for income-generating possibilities and development, buyer to verify all potential options with the City of Paso Robles. A rare chance to invest in a versatile, well-located historic property with endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 2,202 | 1,776 | 73% |
| Lot Size | 7,700 | 8,724 | 43% |
| Price | $1.18M | $780.0K | 89% |
| Price per sq ft | $534 | $456 | 79% |
| Built year | 1920 | 1991 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 175 | 16% |
Jan 24, 2026
$1,175,000
Initial Listing
Sep 20, 2022
$775,000
Public Record