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30774824
30774848

8740 El Camino Real, Atascadero, CA 93422 For Sale

Richardson Sotheby's International Realty
Listed by Richardson Sotheby's International Realty
$1,080,000
251 days on market
Updated 113 days ago

8740 El Camino Real

Details
APN 056051021
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 5.90%
Buildings 1
Stories 2
Acreage 0.386
Zoning Public Rec

Multifamily | 5.90% CAP | 3 Units

Marketing description

Fully renovated historic triplex located in the heart of Atascadero, offering strong rental income potential and modern upgrades throughout. This turnkey property has been remodeled from the foundation up, featuring a re-engineered and reinforced foundation, new roof, updated siding, fresh interior and exterior paint, new dual-pane windows, wood laminate flooring, and new appliances. The property includes three residential units: Unit A is a 3-bedroom, 1-bath with full kitchen (projected rent $2,600/month); Unit B is a 1-bedroom, 1-bath with full kitchen (projected rent $1,800/month); and Unit C, located upstairs, is a 2-bedroom, 1-bath with full kitchen (projected rent $2,200/month). Each unit has designated parking and its own locking storage closet. There is a shared laundry area for Units A and B, while Unit C offers washer/dryer hookups. Additional amenities include guest parking and an income-producing gravel lot at the rear of the property, currently leased to a neighboring business for $1,000/month. Prime location near downtown, shopping, and public transit
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Listing Contacts

Richardson Sotheby's International Realty
Listed by Richardson Sotheby's International Realty

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