Atascadero, CA 93422,7830 Sinaloa Avenue
Atascadero, CA 93422,7830 Sinaloa Avenue
Atascadero, CA 93422,7830 Sinaloa Avenue
Atascadero, CA 93422,7830 Sinaloa Avenue
Atascadero, CA 93422,7830 Sinaloa Avenue
Atascadero, CA 93422,7830 Sinaloa Avenue
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$1,100,000

$1,150,000

4.3%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

0.27 Acres Lot


SOLD DATE : 03/25/2024

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NS24008679

Sold Date 03/25/24

Bedrooms 8

HOA Y/N No

Lot Size 0.271 Acres

Property Description

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!
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!

Location

State CA

County San Luis Obispo

Area Atascadero (93422)

Zoning Public Rec

Building

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Exchange

Space Rent $965

Listing Terms Exchange

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Richard Shannon • Century 21 Hometown Realty, Atascadero Office
Bought with General NONMEMBER • NONMEMBER MRML
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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