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- LoopNet Team
7830 Sinaloa Ave
Atascadero, CA 93422
Multifamily Property For Sale
·
4 Units
EXECUTIVE SUMMARY
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. Unit 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!
PROPERTY FACTS
| No. Units | 4 | No. Stories | 2 |
| Property Type | Year Built | 1973 | |
| Lot Size | 0.28 AC | Parking Ratio | 0.88/1,000 SF |
| Building Size | 3,398 SF | APN / Parcel ID | 030-132-043 |
| Average Occupancy | 100% | ||
| Zoning | MF20 - MF20 | ||
| No. Units | 4 |
| Property Type | |
| Lot Size | 0.28 AC |
| Building Size | 3,398 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 0.88/1,000 SF |
| APN / Parcel ID | 030-132-043 |
| Zoning | MF20 - MF20 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 850 |
