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$1,250,000

Est. payment - /mo

0.27 Acres Lot

Price Dropped by $100K

7865 Sinaloa Avenue Atascadero, CA 93422

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Chris Mardelli

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Atnortheast(10)

MLS Listing ID SC25052972

HOA Y/N No

Year Built 1918

Lot Size 0.273 Acres

Property Sub-Type Quadruplex

Property Description

Charming Multi-Unit Investment Opportunity in Atascadero! This unique property features two buildings with a total of four units, offering excellent rental potential. Both building consists of two units all nestled beneath the shade of stunning oak trees. The main home is a spacious 2-bedroom, 2-bath residence filled with natural light thanks to its many windows. A welcoming entryway leads into a large living area with a fireplace, perfect for cozy evenings. The dining area, adjacent to the kitchen, offers bar seating, ample cabinetry, and generous countertop space. The primary bedroom is expansive, featuring an ensuite bathroom with a walk-in shower and a separate soaking tub. The second bedroom also has its own private bathroom, providing extra convenience. Toward the back of the home, a laundry area with a sink and additional storage leads to a fenced backyard with lush grass, an ideal space for entertaining and enjoying the beautiful San Luis Obispo evenings. The upper-level unit in the front building features 2 bedrooms, 1 bath, a spacious living room, an updated open kitchen, and a large front deck with breathtaking mountain views—a perfect spot for BBQs and outdoor relaxation. Additional features include window A/C and spacious bedrooms. The back building consists of two well-maintained units. Unit 7869 is a 2-bedroom, 1-bath unit with fresh paint, a covered back deck, garden space, a breakfast bar, ample cabinets, and spacious countertops. Unit 7867 is another 2-bedroom, 1-bath unit featuring tile flooring in the kitchen and living area, a breakfast bar, ample cabinetry, and updated flooring in both bedrooms, along with a covered deck for outdoor enjoyment. Additional property highlights include on-site parking, each unit features its own private in-unit laundry for added convenience and comfort, and separate utilities, including five PG&E meters (one for common areas), two water meters (one per structure), and four gas meters. Conveniently located near charming downtown Atascadero, schools, parks, restaurants, and scenic walking trails, this property is an exceptional investment opportunity.

Location

State CA

County San Luis Obispo

Area Atsc - Atascadero

Interior

Heating Baseboard, Forced Air

Cooling Electric, Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features On Site

Pool None

Community Features Sidewalks

View Y/N Yes

View Mountain(s), Neighborhood, Trees/Woods

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One,Two

Sewer Private Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 030131046

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

Virtual Tour https://properties.aspectvisuals.co/7865sinaloaave

Listed by Lindsey Harn • Christie's International Real Estate Sereno • 805-441-7744

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