2221 Oak Street, Paso Robles, California 93446, Paso Robles, 93446 - 6 bed, 7 bath

2221 Oak Street, Paso Robles, California 93446 home-pic-0

2221 Oak Street

Paso Robles, California 93446

ACTIVE
CONDITION: GOOD
6Beds
7Baths
2,632Sq Ft
11,200Lot Size

Property Price

LIST PRICE$1,295,000

SUMMARY

Analysis of 2221 Oak Street, Paso Robles, California 93446 is currently available with a list price of $1,295,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Paso Robles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and benefits from significant recent capital improvements, including a new roof and gutters (2025), matching white vinyl windows, and updated tile flooring in two units. While the structure dates to 1967, the interior of the units appears well-maintained with at least one kitchen fully remodeled with modern white cabinetry. The exterior features low-maintenance synthetic turf and functional detached garages, indicating minimal deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location & High Demand

    Situated on the highly desirable west side of Paso Robles near downtown, this property benefits from consistent rental demand and proximity to major amenities, schools, and Highway 101.

  • Recent Capital Improvements

    Significant upgrades including a new roof and gutters (2025), vinyl windows, and partial interior remodeling reduce immediate maintenance costs and enhance the property's overall value.

  • Future Development Potential

    The expansive 11,200 sq. ft. lot combined with T-3N zoning provides a rare opportunity for long-term upside through value-add strategies or potential future development.

CONSRISKS & DEFICIENCIES

  • Shared Water Metering

    The property utilizes a single water meter for all three units, which can lead to higher owner-paid utility expenses and complicates the implementation of individual tenant billing.

  • Inconsistent Unit Condition

    With only one kitchen fully remodeled and partial flooring updates, the 1967-built structure may require additional capital investment to bring all units up to a uniform, modern market standard.

About 2221 Oak Street

Exceptional opportunity to acquire a desirable triplex in the highly sought-after west side of Paso Robles, just blocks from downtown amenities. Situated on an expansive 11,200± sq. ft. lot, this property offers both immediate cash flow and long-term upside potential. The unit mix includes two spacious 2-bedroom, 2.5-bath units and one 2-bedroom, 1-bath unit—an attractive configuration for strong tenant demand. All three units are currently leased, providing stabilized income from day one. Recent capital improvements enhance value and reduce near-term expenses, including a new roof and rain gutters in 2025, matching white vinyl windows throughout, newer downstairs tile flooring in two units, and a remodeled kitchen in one unit featuring white cabinetry and appliances. The property offers functional amenities that support tenant retention: fenced front yards for two units with low-maintenance synthetic turf, a shared fenced rear yard, carports, individual storage areas, and three detached garages in the rear structure. A private laundry room serves the units, with separate gas and electric meters for each unit and a single water meter. Located near downtown Paso Robles, Highway 101 access, schools, shopping, and services, this asset benefits from strong rental demand and long-term appreciation drivers. The generous lot size and T-3N zoning create potential for future development or value-add strategies (buyer to verify). A rare combination of location, improvements, income stability, and future flexibility—ideal for investors seeking both yield and growth.

Property Details

Public Facts

Property Type
Triplex
Year Built
1967
Lot Size
11,200 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
7 (7 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.02.0
80%
Baths7.01.0
80%
Square foot2,6321,822
60%
Lot Size11,2007,300
60%
Price$1.29M$750.0K
80%
Price per sq ft$492$477
80%
Built year19671980
40%
HOA$0$0
50%
Days on market10162
20%

Pricing History

Listed for Sale

Feb 25, 2026

$1,295,000

Initial Listing

Sold

Dec 31, 1996

$165,000

Public Record

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