Seller's Agent in 2021
Jason Hart
Hart Commercial Real Estate
(805) 481-9010
13 Total Sales
3425 Spring St Paso Robles, CA 93446
2
Beds
2
Baths
9,006
Sq Ft
0.3
Acres
Highlights
- No HOA
- Laundry Room
- 2-minute walk to Uptown Family Park
- Paso Robles High School Rated A-
- Rectangular Lot
About This Home
As of June 202110-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
Last Agent to Sell the Property
Hart Commercial Real Estate License #01334694 Listed on: 11/11/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 0.3 Acre Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- 9,006 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 2 / 210
- Assessor Parcel Number 008031015
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 10 Units
- Pr City Limits West Subdivision
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $298
- Fuel Expense $536
- Insurance Expense $2,634
- Maintenance Expense $5,793
- Other Expense $1,792
- Trash Expense $3,961
- Water Sewer Expense $11,093
- New Taxes Expense $25,850
- Operating Expense $51,957
- Gross Income $159,600
- Net Operating Income $104,952
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/15/2021 06/15/21 | Sold | $2,175,000 | -7.4% | $242 / Sq Ft | |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- | |
| 11/11/2020 11/11/20 | For Sale | $2,350,000 | +186.4% | $261 / Sq Ft | |
| 02/01/2013 02/01/13 | Sold | $820,495 | -13.6% | $91 / Sq Ft | View Prior Sale |
| 11/21/2012 11/21/12 | Pending | -- | -- | -- | |
| 09/05/2011 09/05/11 | For Sale | $950,000 | -- | $105 / 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 | $25,661 | $2,354,289 | $416,736 | $1,937,553 |
| 2024 | $25,242 | $2,308,127 | $408,565 | $1,899,562 |
| 2023 | $25,242 | $2,262,870 | $400,554 | $1,862,316 |
| 2022 | $24,867 | $2,218,500 | $392,700 | $1,825,800 |
| 2021 | $10,403 | $881,669 | $170,643 | $711,026 |
| 2020 | $9,773 | $872,630 | $168,894 | $703,736 |
| 2019 | $9,635 | $855,521 | $165,583 | $689,938 |
| 2018 | $9,504 | $838,747 | $162,337 | $676,410 |
| 2017 | $8,936 | $822,302 | $159,154 | $663,148 |
| 2016 | $8,761 | $806,180 | $156,034 | $650,146 |
| 2015 | $8,728 | $794,072 | $153,691 | $640,381 |
| 2014 | $8,425 | $778,518 | $150,681 | $627,837 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Hart
-
Aaron Peck
Buyer's Agent in 2021
Aaron Peck
Invision Real Estate
(805) 904-3159
27 Total Sales
-
M
Seller's Agent in 2013
Margret Purkiss
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI20237088
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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