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.
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
Est.:
Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$517/sqft
$-- HOA
What's special
- 7 hours
- on Zillow |
- 143 |
- 5 |
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#: NS25175091
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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