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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

    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!

    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#: NS24008679MLS LogoOriginating 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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

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