NOT LISTED FOR SALE

2914 Oak St Paso Robles, CA 93446

Estimated Value: $1,061,000 - $1,270,000

6 Beds
3 Baths
2,894 Sq Ft
$397/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,100,000 $380 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,305/month

90 Days on Market

Highlights

  • Private Yard
  • Double Pane Windows
  • Laundry Room
  • Paso Robles High School Rated A-
  • Living Room
  • 3 Attached Carport Spaces

About This Home

As of February 2024

Looking for a solid investment opportunity? This may be the one for you! Nice triplex on the westside of Paso Robles with good, long-term tenants. All of the units have been remodeled within the last three years. New interior paint, flooring, windows, kitchen cabinets & counters, appliances, plumbing fixtures, new HVAC units. Each unit has its own laundry hook ups. Low maintenance landscaping. Covered parking off the alley plus a couple of uncovered spaces. Located in a quiet neighborhood near schools and shopping.

Last Agent to Sell the Property

Vicki Silva

RE/MAX Parkside Real Estate License #00463813 Listed on: 10/25/2023

RE/MAX Parkside Real Estate

Co-Listed By

Jamie Kelton

RE/MAX Parkside Real Estate License #01900705

Last Buyer's Agent

Corey Hegney Jr

Keller Williams Realty Santa Barbara License #02203414

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Front Yard

Home Design

  • Triplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,894 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 3 / 213
  • Assessor Parcel Number 008065018

Community Details

Overview

  • 3 Units
  • Pr City Limits West Subdivision

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,140
  • Trash Expense $1,536
  • Water Sewer Expense $3,360
  • Operating Expense $6,036
  • Gross Income $5,850
  • Net Operating Income $5,061

Property Details

Home Type

Multi-Family

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: PR City Limits West(120)
  • Water Sewer Expenses: 3360.00
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 008065018
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 380.10
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1536.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5850.00
  • Gross Scheduled Income: 5850.00
  • Insurance Expense: 1140.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 5061.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 789.00
  • Rent Control: Yes
  • Total Expenses: 6036.00

Tax Info

  • Tax Block: 213
  • Tax Census Tract: 101.04
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 1, 2024
Sold by
Martins Antonio
Bought by
Martins Family Trust and Martins
Seller's Agent
Vicki Silva
RE/MAX Parkside Real Estate
Buyer's Agent
Corey Hegney Jr
Keller Williams Realty Santa Barbara
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
66
Current Estimated Value
$1,149,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,720
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 24, 2024
Sold by
Martins Shiela A
Bought by
Martins Antonio E
Seller's Agent
Vicki Silva
RE/MAX Parkside Real Estate
Buyer's Agent
Corey Hegney Jr
Keller Williams Realty Santa Barbara
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
66

Purchase Details

Closed on
Jun 9, 2006
Sold by
Culver Mitchell and Culver Stella
Bought by
Culver Mitchell G and Culver Stella J

Purchase Details

Closed on
Dec 27, 2000
Sold by
Palla John E and Palla Marilyn L
Bought by
Culver Mitchell and Culver Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.89%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Martins Family Trust -- None Listed On Document
Martins Antonio E -- First American Title
Martins Antonio E $1,100,000 First American Title
Culver Mitchell G -- None Available
Culver Mitchell $215,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culver Mitchell $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $1,100,000 -4.3% $380 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $1,150,000 -8.0% $397 / Sq Ft
10/25/2023 10/25/23 For Sale $1,250,000 -- $432 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,531 $1,122,000 $306,000 $816,000
2024 $3,473 $317,598 $110,785 $206,813
2023 $3,473 $311,371 $108,613 $202,758
2022 $3,422 $305,267 $106,484 $198,783
2021 $3,363 $299,283 $104,397 $194,886
2020 $3,318 $296,215 $103,327 $192,888
2019 $3,271 $290,407 $101,301 $189,106
2018 $3,226 $284,714 $99,315 $185,399
2017 $3,033 $279,132 $97,368 $181,764
2016 $2,974 $273,659 $95,459 $178,200
2015 $2,963 $269,550 $94,026 $175,524
2014 $2,860 $264,271 $92,185 $172,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS23196147

California Regional Multiple Listing Service (CRMLS)

APN: 008-065-018