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4900 San Palo Rd
Atascadero, CA 93422
Mission Cottages 12 Unit Apartment Building · Multifamily Property For Sale · 12 Units

Investment Highlights

  • Turn-key units, low maintenance, rents close to market with additional upside.
  • 5.1% entry cap
  • Ask about seller financing.

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.60 AC
Building Size 6,078 SF
Average Occupancy 100%
No. Stories 1
Year Built 2000
Zoning Mixed use - Property is zoned Mixed use: 20-36 units/acre | Combined commercial & residential 2025 General Plan update will go into effect July/August of 2025

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Kitchen
  • Satellite TV
  • Range
  • Wi-Fi
  • Yard
  • Patio
  • Porch
  • Large Bedrooms

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Wi-Fi
  • Health Club Discount

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 11 $1,780 440 - 4,400
2+2 1 $3,100 1,218

Property Taxes

Property Taxes

Parcel Number
049-225-029
Land Assessment
$489,342
Improvements Assessment
$238,227
Total Assessment
$727,569
  • Listing ID: 35429828

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 4900 San Palo Rd, Atascadero, CA 93422

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