$1,150,000
SOLD APR 27, 2026

2221 Oak St Paso Robles, CA 93446

6 Beds
5 Baths
2,632 Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: April 27, 2026

$437 Per Sq Ft

11% Below List Price

52 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Paso Robles High School Rated A-
  • Neighborhood Views
  • Living Room

About This Home

As of April 2026

Exceptional opportunity to acquire a desirable triplex in the highly desirable 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.

Last Agent to Sell the Property

Kandie Frederick

Country Real Estate Brokerage Phone: 805-878-2225 License #01358589 Listed on: 02/13/2026

Country Real Estate

Last Buyer's Agent

Karlie Montgomery

Luxton Real Estate License #01905914

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 11,200 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Chain Link Fence
  • Level Lot

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • 3 Carport Spaces
  • Parking Available

Home Design

  • Triplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Gas Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 018162008

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Pr City Limits West Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $6,333
  • Other Expense $10,043
  • Operating Expense $10,043
  • Gross Income $4,800
  • Net Operating Income $74,557

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.26 Acres

Parking

3

Listing Details

  • Inclusions: coin-op washer/dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: PR City Limits West(120)
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 018162008
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Below, No One Above
  • Flooring: Tile, Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 492.02
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Concrete, Carport
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Carport, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 11200.00
  • Lot Size Acres: 0.2571
  • Latitude Manual: 35.63743100

Rental Info

  • Garage Rental Rate: 200.00
  • Tenant Pays: Gas, Other, Electricity

Multi Family

  • Garage Income: 400.00
  • Gross Income: 4800.00
  • Gross Scheduled Income: 84600.00
  • Insurance Expense: 6333.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 11200.0000 Square Feet
  • Net Operating Income: 74557.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Operating Expense: 10043.00
  • Other Expense: 10043.00
  • Other Expense Description: utility
  • Other Income Description: 3rd Garage used by owner.
  • Rent Control: No
  • Total Actual Rent: 6650.00
  • Total Expenses: 10043.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2026
Closed on
Apr 15, 2026
Sold by
Roger Ellington and James R And Sharon L Ellington Trust
Bought by
Cook Family Trust and Cook
Seller's Agent
Kandie Frederick
Country Real Estate
Buyer's Agent
Karlie Montgomery
Luxton Real Estate
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17531.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Type Sale Price Title Company
Grant Deed $1,150,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 Sold $1,150,000 -7.6% $437 / Sq Ft
04/06/2026 04/06/26 Pending -- -- --
04/02/2026 04/02/26 Price Changed $1,245,000 -3.9% $473 / Sq Ft
02/13/2026 02/13/26 For Sale $1,295,000 -- $492 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,929 $268,697 $65,129 $203,568
2024 $2,881 $263,429 $63,852 $199,577
2023 $2,881 $258,264 $62,600 $195,664
2022 $2,838 $253,201 $61,373 $191,828
2021 $2,790 $248,237 $60,170 $188,067
2020 $2,752 $245,693 $59,554 $186,139
2019 $2,713 $240,877 $58,387 $182,490
2018 $2,676 $236,155 $57,243 $178,912
2017 $2,516 $231,525 $56,121 $175,404
2016 $2,467 $226,986 $55,021 $171,965
2015 $2,458 $223,577 $54,195 $169,382
2014 $2,372 $219,199 $53,134 $166,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS26033509

California Regional Multiple Listing Service (CRMLS)

APN: 008-162-008

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