5455 El Camino Real

*This property is currently not priced. The $1,699,000 would be the minimum offering price* First time ever on the market, 5435-5465 is a major value add opportunity. 16-unit total multifamily/mixed-use complex with opportunity for stabilized rent growth in a rapidly increasingly up-and-coming area. The property offers 5459 +/- square feet of space on slightly under a 1/2 acre lot with ample parking for tenants and customers. This 100% occupied desirable mix of 11 studios, 1 three bedroom two bathroom unit, and 4 commercial units is located within minutes of downtown Atascadero's best restaurants and entertainment options. Don't miss out on this great investment property with all month-to-month tenants.

Studio

5,459 Sq.Ft. LIVING AREA

0.46 Acres lot

Abel Contreras

title Real Estate Advisor | Founder
PHONE (805) 295-2719
EMAIL [email protected]
DRE # 02062620

Features & Amenities

Interior

total bedrooms0
Laundry room None
Flooring Carpet, Laminate, Vinyl
Fireplace None
APPLIANCES Free-Standing Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
other interior Features Laminate Counters, Unfurnished, Attic, Instant Hot Water

Area & Lot

Status Sold
Date Sold December 27, 2021
Living Area5,459 Sq.Ft.
Lot Area0.46 Acres
MLS® IDPI21217280
TypeMulti-Family
YEAR BUILT1946
View DescriptionNone

Exterior

STORIES2
water SourcePublic
utilitiesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities
PoolNone
roofAsphalt, Composition, Flat, Shingle, Spanish Tile
lot featuresCorner Lot, Drip Irrigation/Bubblers, Near Public Transit, Paved, Value In Land
parkingAsphalt, On Site, Paved
HEAT TYPEElectric, Forced Air, Natural Gas, Wall Furnace
AIR CONDITIONINGWall/Window Unit(s)
sewerPublic Sewer
SubstructureDrywall
HOA AmenitiesBiking, Curbs, Dog Park, Fishing, Golf, Hiking, Lake, Park, Rural, Storm Drain(s), Street Lights, Sidewalks
security FeaturesSmoke Detector(s)

Financial

Sales Price$1,900,000
Zoning CR

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$1,900,000

Abel Contreras

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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