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Description

102-240 Spring Street, Paso Robles, CA 93446

The Grandview Apartments in Paso Robles offer an investor the rare opportunity to add value to a sizable asset in a premiere California inland coastal location. The 54-unit property in 6 garden-style buildings, is prominently situated on a 2.8-acre parcel at Paso Robles ”gateway” entry corner. Unit mix 42 x 2/1, 8 x 1/1, 4 x 3/1. Flexible TC-2 zoning allows for creative value-add possibilities

The complex is surrounded by new commercial development and is a few blocks to charming downtown Paso Robles. Take advantage of this top location within one of California’s most desirable tourist destinations to profitably re-position for a higher cap rate for the long term, or consider the favorable zoning as an avenue for a major transformation.

Located at the corner of Spring and Niblick streets, the prominent entry point to downtown Paso Robles, and to wine touring in the beautiful oak- and vine-filled hills just west of town. Paso Robles is a 3-hour drive from both the Los Angeles region and the San Francisco Bay Area.

– Property size: 6 garden-style buildings on 2.8-acre parcel

-Unit mix: 42 x 2/1, 8 x 1/1, 4 x 3/1

Listed At: $10,500,000

Property Documents

  • 102-204 Spring Street - Property Brochure

Detail

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    Property ID
    MLS16-3202
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    Unit mix: 42 x 2/1, 8 x 1/1, 4 x 3/1
    Bedrooms

Contact Agent

Ken Switzer

Contact Agent

  • Ken Switzer
  • 805-680-4622
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