CA > Atascadero
Atascadero, CA 93422,7116 7124 Sombrilla Ave
Atascadero, CA 93422,7116 7124 Sombrilla Ave
Atascadero, CA 93422,7116 7124 Sombrilla Ave
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,775,000
Est. payment /mo
0.41 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID NS25175091

HOA Y/N No

Year Built 1975

Lot Size 0.410 Acres

Property Sub-Type Apartment

Property Description

Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. There are over 11 parking spaces available. Seller pays water and trash, tenants cover other utilities. With minimal expenses and very little maintenance required this is a wonderful investment at a cap rate of 5.9%. P & L available upon request. Call your realtor today, deals this good don't come along very often.

Location

State CA

County San Luis Obispo

Area Atsc - Atascadero

Interior

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Unassigned

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Sprinkler System

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 030011027

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Wendy Streshenkoff RE/MAX Parkside Real Estate 805-835-3220

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