3411 & 3505 Spring Street
Paso Robles, CA 93446
0
Bed
0
Bath
16,808Sqft
33,375.67Sqft(Lot)
The Spring Street Portfolio is a rare opportunity to acquire two adjacent multifamily properties totaling 24 units in the heart of Paso Robles, offered at $4,500,000 — with a combined stabilized cap rate of 8.09% and annual rent upside of approximately $155,400 across both properties. The portfolio consists of 3411 Spring Street, a 14-unit two-story walk-up built in 1970 spanning approximately 11,748 rentable square feet, and 3505 Spring Street, a 10-unit two-story property originally constructed as a motel and thoughtfully converted to residential use, spanning approximately 5,000 rentable square feet. Together, the properties sit on adjacent lots totaling over ±0.79 acres along the Spring Street corridor, zoned PR/R4 and T-4NC respectively. Both properties are managed by MPM Inc., offeri
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
-
Interior Features
BalconyRoof: AsphaltLaundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)
-
Building Information
Year Built: 1968Building Area Total: 16808Stories: 2Pool Features: NonePrivate Pool: No
-
Lot Information
Main Square Feet: 0.7662 Lot Size Acres: 0.7662 Lot Size Source: Assessor Lot Size Square Feet: 33,376 Lot Description: 21-25 Units/Acre
-
Listing Price Information
Listing Price: $4500000Original Price: $5000000Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 008031009
-
Virtual Tour
Parking Information
Parking Total: 34 Assigned, Asphalt, Covered, On Site, Paved, One Space, UncoveredGarage Information
Has Garage: Yes Garage Space: 14
-
Utility Information
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected -
Location Information
Direction: Start on US-101 N, take exit 232 for Spring St, destination will be on the right. WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5130 Stagg Hill Place, Paso Robles, CA, 93446 | $859,000 | 4 | 2 | 1,957 | 1,957 SqFt |
| 6172 Hawk Ridge Place, Paso Robles, CA, 93446 | $1,795,000 | 4 | 4 | 3,531 | 3,531 SqFt |
| 8199 Plane View, Paso Robles, CA, 93446 | $715,000 | 3 | 2 | 1,600 | 1,600 SqFt |
| 4710 Flying Paster Lane, Paso Robles, CA, 93446 | $33,000,000 | 6 | 7 | 10,000 | 10,000 SqFt |
| 5055 Rancho La Loma Lin.., Paso Robles, CA, 93446 | $1,599,500 | 3 | 2 | 2,648 | 2,648 SqFt |
| 3640 Debonair Drive, Paso Robles, CA, 93446 | $1,159,000 | 4 | 3 | 2,230 | 2,230 SqFt |
| 5740 Forked Horn, Paso Robles, CA, 93446 | $879,000 | 3 | 2 | 1,512 | 1,512 SqFt |
| 4960 Glenhill Lane, Paso Robles, CA, 93446 | $2,595,000 | 4 | 2 | 3,833 | 3,833 SqFt |
| 5995 Black Tail Place, Paso Robles, CA, 93446 | $825,000 | 3 | 2 | 1,953 | 1,953 SqFt |
| 5275 Camp 8 Road, Paso Robles, CA, 93446 | $2,900,000 | 12 | 7 | 7,262 | 7,262 SqFt |
Similar Homes To 3411 & 3505 Spring Street
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 07/26/2026 @ 11:09
More Cities with for Sale by Owner Homes
- Paso Robles Homes For Sale By Owner
- San Miguel Homes For Sale By Owner
- Templeton Homes For Sale By Owner
- Atascadero Homes For Sale By Owner
- Creston Homes For Sale By Owner
- San Simeon Homes For Sale By Owner
- Bradley Homes For Sale By Owner
- Cayucos Homes For Sale By Owner
- Morro Bay Homes For Sale By Owner
- Cambria Homes For Sale By Owner
- Los Osos Homes For Sale By Owner
- San Luis Obispo Homes For Sale By Owner
- Santa Margarita Homes For Sale By Owner
- Shandon Homes For Sale By Owner
- Avila Beach Homes For Sale By Owner
- Lockwood Homes For Sale By Owner
- Pismo Beach Homes For Sale By Owner
- Grover Beach Homes For Sale By Owner
- Arroyo Grande Homes For Sale By Owner
- Oceano Homes For Sale By Owner
Homes around $4,500,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.