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For sale
  • Listing Provided by: 

    Wendy Streshenkoff DRE #01975738 805-835-3220,

    RE/MAX Parkside Real Estate,

    Fred Bruen DRE #00969867 805-235-4681,

    RE/MAX Parkside Real Estate

    $1,775,000

    7116-7124 Sombrilla Ave, Atascadero, CA 93422

    8beds
    6baths
    3,432sqft
    : 
    Multi Family
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $517/sqft
    $-- HOA

    What's special

    Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. Seller pays water and trash, tenants cover other utilities. With minimal expenses and very little maintenance required this is a wonderful investment at a cap rate of 5.9%. P & L available upon request. Call your realtor today, deals this good don't come along very often.
    7 hours
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: 14 hours ago

    Listing Provided by:

    Wendy Streshenkoff DRE #01975738 805-835-3220,

    RE/MAX Parkside Real Estate,

    Fred Bruen DRE #00969867 805-235-4681,

    RE/MAX Parkside Real Estate

    Source: CRMLS,MLS#: NS25175091MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7116-7124 Sombrilla Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls,No One Above
    Interior area
    • Total structure area: 3,432
    • Total interior livable area: 3,432 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Levels: One
    • Stories: 1
    • Entry location: street
    • Pool features: None
    Lot
    • Size: 0.41 Acres
    • Features: Sprinkler System
    Details
    • Parcel number: 030011027
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: None
    Location
    • Region: Atascadero

    Financial & listing details

    • Price per square foot: $517/sqft
    • Date on market: 8/4/2025
    • Listing terms: 1031 Exchange
    • Total actual rent: 10255
    • Tenant pays: Cable TV, Electricity, Gas
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