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3425 Spring Street, Paso Robles, CA 93446

Property · 2 recorded sales since 2013

3425 Spring Street, Paso Robles, CA 93446 Sold June 2021 CRMLS
$2,175,000Sold June 2021

Listing Agent: Jason Hart (DRE #01334694) · Listing Office: Hart Commercial Real Estate · Contact: 805-481-9010 · Bought with: Aaron Peck · Invision Real Estate · MLS #PI20237088 · Source: CRMLS

12,900 sqft
Lot Size
1978
Year Built
Property
Type
2
Stories
0
Garage

About this property

10-unit apartment building in beautiful Paso Robles. Located north of the downtown area, this apartment building is comprised of all two-bedroom one and a half bath spacious townhome style units, each with its own private patio area. The complex offers on-site laundry and all units are separately metered for gas & electricity. Recent capital improvements include a new roof, exterior paint and more. Enjoy the cash-flow and attractive financing due to the strong current income, plus the upside in rents in this strong market. 100% rent collection during COVID! HIGHLIGHTS • Stable and predictable income and cash flow • 12-15% potential upside in rents • Well maintained with many recent upgrades • Townhome style units with private patios • Very low maintenance • Located in Opportunity Zone

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$2,175,000
Sold June 2021 · listed $2,350,000, on market November 2020 · MLS #PI20237088 · Source: CRMLS
Listing Agent: Jason Hart · Listing Office: Hart Commercial Real Estate · Contact: 805-481-9010 · Bought with: Aaron Peck · Invision Real Estate
$820,495
Sold February 2013 · listed $775,000, orig. $950,000, on market September 2011 · MLS #PR179918 · Source: CRMLS
Listing Agent: Margret Purkiss · Listing Office: Home & Ranch Sotheby's Intl · Contact: 805-434-9700 · Bought with: Jason Hart · Lee and Associates
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