$1,160,000
$975,000
19.0%For more information regarding the value of a property, please contact us for a free consultation.
5480 Capistrano AVE Atascadero, CA 93422
0.45 Acres Lot
Key Details
Sold Price $1,160,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Atnortheast(10)
MLS Listing ID NS23033556
Sold Date 03/10/23
HOA Y/N No
Year Built 1973
Lot Size 0.451 Acres
Property Description
Welcome to Rose Garden Apartments where the perfect INVESTMENT OPPORTUNITY AWAITS!!! This well priced 8 unit apartment property has historic roots of 50 year ownership and offers room for much growth and potential. Sitting on just under half an acre, this 3 building apartment property offers 3 units in two of the buildings and 2 units in the other. Each unit feature 1 bedroom/1 bathroom, #1-6 are approx 500 sq. ft and #7-8 are approx 620 sq. ft. Each unit has a refrigerator, stove, wall heater, and a window AC unit. All of the units bedrooms have closets while units 1-6 have walk-in closets. Each unit has its own electric and gas meters and there are 2 water meters on site. An over-sized parking lot in front of the buildings offers ample room for tenant and additional guest parking. This property is not on city sewer, it is on its own septic system which was pumped and repaired on 2/10/2020. Centrally located near downtown Atascadero while being walking distance to Colony Square, Sunken Gardens, and many local markets, shops, and restaurants. Although being very close to downtown, the location of this property is not considered a busy road and remains very private, quiet, and secluded. The perfect package of convenience and privacy. Call your realtor to book a showing today!
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning MF10
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Laundry None
Exterior
Garage Driveway Level, On Site, Oversized, Paved, Private, Uncovered
Fence Wood
Pool None
Community Features Hiking, Park, Sidewalks
Utilities Available Natural Gas Connected
View Y/N Yes
View Neighborhood, Trees/Woods
Roof Type Shingle
Parking Type Driveway Level, On Site, Oversized, Paved, Private, Uncovered
Total Parking Spaces 12
Private Pool No
Building
Lot Description 6-10 Units/Acre
Faces Northeast
Foundation Raised
Sewer Septic Tank
Water Public
New Construction No
Others
Senior Community No
Tax ID 028371026
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Anthony Aurignac • Venture Real Estate