3440 Spring Street
Paso Robles, CA 93446
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1950 build
- – on site
More homes
Fantastic Investment Opportunity in Paso Robles! This 12 Unit Complex was once used as a local Motel, but is currently functioning as fully occupied apartments! Great 7+ CAP Rate! Included on the property is a 2bd/1ba home plus Office, 5- 1 "Bedroom" Units, 6- Studio Units, large workroom/storage above unit 12, and on site coin-op laundry! Unit #'s 6-9 have fenced backyards and all 12 Units have assigned parking. All units have separate sub-meters, allowing the property owner to charge tenants for their own electricity use. There is a large marquee sign for "Spanish Oaks Apartments" displayed at the entry. Newer roofs, have been installed on all multi-unit buildings and newer paint. This property has a long term history of no-vacancy and is a turnkey investment opportunity.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 4, 2024
•
MLS# NS19145903 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/31/20
Jan 31, 2020
|
Sold | CRMLS_CA | $1,695,000 | -5.6% |
|
12/18/19
Dec 18, 2019
|
Pending | CRMLS_CA | $1,795,000 | |
|
12/5/19
Dec 5, 2019
|
Relisted | CRMLS_CA | $1,795,000 |