Sold

Closed

7830 Sinaloa Avenue

Atascadero CA, 93422

$1,100,000


$323.72 per sqft

Sold

Closed

3,398 sqft

Multi-family

Built in 1973

Listed by Richard Shannon with Century 21 Hometown Realty, Atascadero Office 805-466-8000

Welcome to the epitome of investment opportunities! This income-producing quadruplex is fully leased with tenants who have been there for the long term [Unit A 20+ years]. Each of the 4 Units boasts 2 bedrooms and 1 full bath and is approximately 850 SQ FT. There is an on-site laundry room and covered parking at the rear of the property. Each unit also contains a forced air gas heater and a wall A/C Unit. Stucco exterior and a newer composition roof [approximately 4 years old]. Currently rented below market rate with potential for enhanced revenue through adjustments to rental rates. Unit A has not been updated in approximately 20 years and could use some TLC. Unit D was recently updated with new flooring, cabinets, and countertops. Units B & C are in decent condition but slightly aged. This Quadruplex is in a prime location, located centrally between beautiful San Luis Obispo and Paso Robles [wine country and the ocean!] and is close to Atascadero's growing downtown. Easy walking distance to shopping and restaurants and near essential services. Don't miss this opportunity!

NS24008679

MLS ID

January 15, 2024

Listed

July 14, 2024

Updated

Map

7830 Sinaloa Avenue
Atascadero CA, 93422

Interior Features

Total Stories

2


Laundry Description

Common Area, See Remarks


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.27 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

ATSC - Atascadero


Days on Market

8


Garage

No


Parking

Carport


Parking Total

4


View

No


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

3/26/2024

Sold

$1,100,000

1/24/2024

Pending

Listing Contact: 805-466-8000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 7:00 AM UTC

 

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