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8740 El Camino Real Atascadero, CA 93422
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Atsoutheast(40)
MLS Listing ID SC22006183
Sold Date 02/14/22
Construction Status Turnkey
HOA Y/N No
Year Built 1916
Lot Size 0.386 Acres
Property Description
Historic, charming and fully renovated three unit apartment building in the heart of Atascadero. Completely remodeled from the foundation to the roof and everything in-between! Re engineered and reinforced foundation, new roof, new interior and exterior paint, siding repaired and replaced, new wood laminate flooring, new windows, and new appliances. Currently being advertised and shown by a property manager for rent as:
Unit A: 3BR, 1BA with full kitchen projected to rent for $2600/mo.
Unit B: (smallest unit): 1BR, 1BA with full kitchen currently projected to rent for $1575/mo.
Unit C (upstairs): 2BR, 1BA, full kitchen projected to rent for $2200/mo. Tenants all have their own parking spaces and locking storage closets. Community washer and dryer and Unit C has W/D hookups.
Tenants have painted stalls plus designated guest parking. Additionally, the back parking lot on the other side of the fence covered in gravel separately rents to the neighboring business for an additional $1000 monthly. $7,375 monthly income total projected.
Expenses are estimated and averaged and subject to buyer's expenses. Adjacent to restaurants, shopping and bus routes.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Interior
Interior Features Brick Walls, Balcony
Heating Combination, Forced Air, Floor Furnace, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Gas Oven, Water Heater
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard, Landscaped, Level, Paved, Sprinkler System
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 056051021
Energy Description 85.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Susie Brans • Richardson Properties