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!
Sold for $1,100,000 on 03/25/24
Listing Provided by:
Richard Shannon DRE #00619856 805-878-3077,
Century 21 Hometown Realty, Atascadero Office,
Jennifer Michels DRE #02091420 805-315-8006,
Century 21 Hometown Realty, Atascadero Office
$1,100,000
7830 Sinaloa Ave, Atascadero, CA 93422
--beds
--baths
3,398sqft
Quadruplex
Built in 1973
-- sqft lot
$1,124,300 Zestimate®
$324/sqft
$3,684 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 25, 2024 at 08:55pm
Listing Provided by:
Richard Shannon DRE #00619856 805-878-3077,
Century 21 Hometown Realty, Atascadero Office,
Jennifer Michels DRE #02091420 805-315-8006,
Century 21 Hometown Realty, Atascadero Office
Bought with:
General NONMEMBER, DRE #02198694
NONMEMBER MRML
Source: CRMLS,MLS#: NS24008679
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area, See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,398
- Total interior livable area: 3,398 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Driveway
- Pool features: None
Lot
- Size: 0.27 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 030132043
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Atascadero
- Subdivision: Atnortheast(10)
HOA & financial
Other financial information
- Total actual rent: 55200
Other
Other facts
- Listing terms: 1031 Exchange
Services availability

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$1,124,300
2% more+ $22,486
With Zillow Showcase(estimated)
$1,146,786