Charming Multi-Unit Investment Opportunity in Atascadero! This unique property features two buildings with a total of four units, offering excellent rental potential. Both building consists of two units all nestled beneath the shade of stunning oak trees. The main home is a spacious 2-bedroom, 2-bath residence filled with natural light thanks to its many windows. A welcoming entryway leads into a large living area with a fireplace, perfect for cozy evenings. The dining area, adjacent to the kitchen, offers bar seating, ample cabinetry, and generous countertop space. The primary bedroom is expansive, featuring an ensuite bathroom with a walk-in shower and a separate soaking tub. The second bedroom also has its own private bathroom, providing extra convenience. Toward the back of the home, a laundry area with a sink and additional storage leads to a fenced backyard with lush grass, an ideal space for entertaining and enjoying the beautiful San Luis Obispo evenings. The upper-level unit in the front building features 2 bedrooms, 1 bath, a spacious living room, an updated open kitchen, and a large front deck with breathtaking mountain views—a perfect spot for BBQs and outdoor relaxation. Additional features include window A/C and spacious bedrooms. The back building consists of two well-maintained units. Unit 7869 is a 2-bedroom, 1-bath unit with fresh paint, a covered back deck, garden space, a breakfast bar, ample cabinets, and spacious countertops. Unit 7867 is another 2-bedroom, 1-bath unit featuring tile flooring in the kitchen and living area, a breakfast bar, ample cabinetry, and updated flooring in both bedrooms, along with a covered deck for outdoor enjoyment. Additional property highlights include on-site parking, each unit features its own private in-unit laundry for added convenience and comfort, and separate utilities, including five PG&E meters (one for common areas), two water meters (one per structure), and four gas meters. Conveniently located near charming downtown Atascadero, schools, parks, restaurants, and scenic walking trails, this property is an exceptional investment opportunity.
Sold for $1,100,000 on 06/24/25
Listing Provided by:
Lindsey Harn DRE #01868098 805-441-7744,
Christie's International Real Estate Sereno,
Melody Avant DRE #01403697 805-202-1247,
Christie's International Real Estate Sereno
$1,100,000
7865 Sinaloa Ave, Atascadero, CA 93422
8beds
5baths
3,523sqft
Quadruplex
Built in 1918
-- sqft lot
$-- Zestimate®
$312/sqft
$2,669 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 25, 2025 at 07:47pm
Listing Provided by:
Lindsey Harn DRE #01868098 805-441-7744,
Christie's International Real Estate Sereno,
Melody Avant DRE #01403697 805-202-1247,
Christie's International Real Estate Sereno
Bought with:
Joanie Williams, DRE #01275065
RE/MAX Parkside Real Estate
Source: CRMLS,MLS#: SC25052972
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Baseboard, Forced Air
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above
Interior area
- Total structure area: 3,523
- Total interior livable area: 3,523 sqft
Property
Parking
- Total spaces: 5
- Parking features: On Site
- Uncovered spaces: 5
Features
- Levels: One,Two
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood, Trees/Woods
Lot
- Size: 0.27 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 030131046
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Atascadero
- Subdivision: Atnortheast(10)
HOA & financial
Other financial information
- Total actual rent: 5800
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange,Owner May Carry,Submit