7116 7124 Sombrilla Ave new Save Request In-Person Tour Request Virtual Tour
Atascadero,CA 93422
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