3440 Spring St, Paso Robles, CA 93446
OFF MARKET

3440 Spring St
Paso Robles, CA 93446

  • 3 Beds
  • 4,950 sqft (on 0.52 acres)

$2,226,400

Trulia Estimate
as of May 13, 2026
Est. Refi. Payment $12,902/mo*
Refinance Your Home

$2,226,400

Trulia Estimate
as of May 13, 2026
Est. Refi. Payment $12,902/mo*
Refinance Your Home
3 Beds
4,950 sqft
(on 0.52 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Fantastic Investment Opportunity in Paso Robles! This 12 Unit Complex was once used as a local Motel, but is currently functioning as fully occupied apartments! Great 7+ CAP Rate! Included on the property is a 2bd/1ba home plus Office, 5- 1 Bedroom Units, 6- Studio Units, large workroom/storage above unit 12, and on site coin-op laundry! Unit #'s 6-9 have fenced backyards and all 12 Units have assigned parking. All units have separate sub-meters, allowing the property owner to charge tenants for their own electricity use. There is a large marquee sign for Spanish Oaks Apartments displayed at the entry. Newer roofs, have been installed on all multi-unit buildings and newer paint. This property has a long term history of no-vacancy and is a turnkey investment opportunity.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 3440 Spring St

Interior Features

Heating & Cooling
Heating: Wall, Electric, GasAir ConditioningCooling System: WallHeating Fuel: Wall

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 12

Lot Information

Lot Area: 0.52 acres

Price History for 3440 Spring St

DatePriceEventSource
01/31/2020$1,695,000Sold
CRMLS #NS19145903
12/18/2019$1,795,000PendingAgent Provided
12/05/2019$1,795,000PendingToActiveAgent Provided
11/21/2019$1,795,000PendingAgent Provided
10/04/2019$1,795,000PriceChange
Agent Provided
06/22/2019$1,895,000Listed For SaleAgent Provided
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Comparable Sales for 3440 Spring St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
738 30th St, Paso Robles, CA
0.37
Multi-Family Home
$320,000
12/30/25
3
2
1,204
2221 Oak St, Paso Robles, CA
0.90
Multi-Family Home
$1,150,000
04/27/26
6
5
2,632
2145 Park St, Paso Robles, CA
0.94
Multi-Family Home
$1,301,500
04/15/26
4
4
2,300
1940 Pine St #A, Paso Robles, CA
1.08
Multi-Family Home
$805,000
06/06/25
8
-
1,814
107 Capitol Hill Dr, Paso Robles, CA
1.70
Multi-Family Home
$750,000
12/11/25
4
4
1,822
1849 Vine St, Paso Robles, CA
1.17
Single-Family Home
$1,170,000
09/30/25
6
3.5
1,919
210 Myrtlewood Dr, Paso Robles, CA
3.69
Multi-Family Home
$1,150,000
09/26/25
8
8
3,600
41 Thomas Ct, Templeton, CA
6.69
Multi-Family Home
$1,135,000
10/22/25
5
6
3,040
80 Brewer St, Templeton, CA
6.75
Multi-Family Home
$955,000
06/13/25
5
4
2,992
80 Brewer St #84, Templeton, CA
6.76
Multi-Family Home
$954,900
06/13/25
5
4
2,992

Assigned Schools

These are the assigned schools for 3440 Spring St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Paso Robles

At least 187 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 88 % Say car is needed

  • 87 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 76 % Say it's quiet

  • 75 % Say parking is easy

  • 72 % Say people would walk alone at night

  • 66 % Say there's wildlife

  • 64 % Say there are sidewalks

  • 63 % Say kids play outside

  • 60 % Say neighbors are friendly

  • 59 % Say they plan to stay for at least 5 years

  • 53 % Say streets are well-lit

  • 50 % Say it's walkable to grocery stores

  • 45 % Say it's walkable to restaurants

  • 41 % Say there are community events

Learn more about our methodology.
  • Spencer Todd Brown
    "Lots of places to walk your dog. Paso has a wonderful park and so many places to walk with your puppy. "
    0
    Flag
  • Trulia User
    "All parades through out the year Fourth of July Christmas lights and car shows and fair carnival and concerts "
    0
    Flag
  • My2sons1941
    "Nice place to raise a family. Great helping neighbors always available to assist. Lots of room to grow "
    0
    Flag
  • Abigail A.
    "School district needs some work, but has some great elementary and middle schools. Paso high is amazing, amazing science department. "
    2
    Flag
  • Tara P.
    "Great place to live! No more school buses, so you have to provide your own child’s transportation. This town is really a community that comes together & supports their own! "
    1
    Flag
  • Robert H.
    "Safe neighborhood, convenient location to shopping. Great walking trails. Friendly,thoughtful caring people."
    2
    Flag
  • Shandareneesmith
    "This is my hometown. It is wine country. Cute. Lots of nature. Everyone knows your name type of town. "
    0
    Flag
  • Srhsnowflake
    "My neighborhood is safe, neighbors are friendly. I have lived here only one year and couldn't be happier with Paso Robles as a community. We enjoy all the activities that the city offers, and have appreciated the overall friendly atmosphere. We found a church that offers a great support. "
    0
    Flag
  • Mollysdow
    "Summer Concerts in the Park; Holiday parade and Vine Street showcase; Halloween downtown; California Midstate Fair"
    0
    Flag
  • Alison G.
    "Living off a dirt road has it's Challenges but I wouldn't trade it for the world. Beats the concrete jungle I came from in Orange County."
    0
    Flag
  • Sherri M.
    "People walk their dogs here all the time and they take them to wineries and Lowe’s. There are walking paths and dog parks. "
    0
    Flag
  • Ivy_dls
    "My family lives here. It is really a great place! I feel at home here and the locals are very friendly."
    0
    Flag
  • Dan P.
    "As a new full-time resident the schools have been outstanding so far at Pifer and Lewis. Single high school in town is a plus. Growth is imminent however. "
    0
    Flag
  • Amber S.
    "I've lived here for a year now. generally the people are friendly and speak when you see them out on a walk. people take pride in their yard and surrounding so that makes the neighborhood attractive. the neighborhood is usually quiet in the evening and relatively safe."
    0
    Flag
  • Thb1985
    "Generally speaking, dogs are frowned upon and often disguised as cats in some neighborhoods on the east side of town where they enforce the rule."
    0
    Flag
  • Dena S.
    "We have ample transportation here in this neighborhood especially the local Paso express and the Arta bus!!"
    0
    Flag
  • aGregg
    "No dogs are allowed in the park except your dog. If it's your dog, it's fine. They should be kept on leash if necessary and always closely watched and cleaned up after them. Pro Tips: if your dog is not comfortable around children or other dogs,keep them on leash. The signs really say no dogs but it's not enforced and everyone clearly likes it that way."
    0
    Flag
  • Tracyskarma
    "Everybody is very friendly and they look out for each other.. Nice parks nearby and also a excellent Mexican food & margarita restaurant."
    17
    Flag
  • Kai M. .
    "It’s homey, peaceful some might say a perfect little place to raise a family. The weather is nice and warm, and it’s close to the beach. "
    2
    Flag
  • Lynn W.
    "Commuting to work around this small town is less than 10 minutes. Very low traffic issues. Streets are being repaired and improved. "
    0
    Flag
  • Maggie V.
    "Great town. I feel safe here. Low crime rate. Community police officers help with disputes. People are friendly. Great school District."
    0
    Flag
  • Trulia User
    "The schools have gotten better through the years but they still rate behind Templeton. The best elementary is Kermit King & Georgia Brown, Lewis for middle school. "
    0
    Flag
  • Drew A. L. C.
    "Nice, quiet community. We trust our neighbors and there is no crime. This is the cheapest place to live in Paso Robles, with an acre of land."
    0
    Flag
  • Khldoc
    "Close knit safe friendly place to live.Living on the cul-de-sac makes it seem like a tiny neighborhood. Very quiet."
    3
    Flag
  • Dennis B.
    "Villa Verde is quiet and beautiful. Construction of home is high end, with solid core doors, etc. People get along, and pride of ownership is apparent on all properties."
    3
    Flag
  • Ironpile
    "we are a tight knit community who sticks together. There are numerous wine events, and concerts in the park. "
    0
    Flag
  • Tarap
    "People walk their dogs all the time. Many clean up after their dogs, but not as much in neighborhoods with elderly people. Paso is a very dog friendly town."
    0
    Flag
  • Drew And Lisa Cook
    "Good sense of community. Dirt road gets messy in winter, but neigbors do a good job of scraping it. Dead end allows lots of privacy."
    3
    Flag
  • Grenz.john5
    "None I am retired. Moved here for Porterville a tear ago Love it in Heritage Ranch Mountains. Oaks. Wineries. Quiet "
    0
    Flag
  • Jeremy H.
    "Holiday lights, wineries, restaurants, olive oil, arts, entertainment, nearby beaches, etc. "
    0
    Flag
  • Shilohhamon
    "Lots of dogs walking with owners. Not many abrasive dogs. The park is not set up for dogs, better to go to the community dog park on the west side of town"
    1
    Flag
  • Keritheklassen
    "Not only can some neighborhoods out here be party communities during the summer, it is important to remember that there are mountain lions out here as well, and kids shouldn’t wander around at night. Pets should be brought inside in the evenings. "
    0
    Flag
  • Dennis B.
    "Great schools, parks and a safe community. Barney Schwartz Park has 4 soccer fields and 4 baseball fields: Ll under lights!"
    0
    Flag

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3440 Spring St, Paso Robles, CA 93446 is a 3 bedroom, 4,950 sqft multi-family built in 1950. This property is not currently available for sale. 3440 Spring St was last sold on Jan 31, 2020 for $1,695,000. The current Trulia Estimate for 3440 Spring St is $2,226,400.