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5385 5395 El Camino Real

Atascadero, CA 93422
  • $650,000
  • STATUS: Active Under Contract
  • ON SITE: 240 Days
  • MLS #: NS22169844
Under Contract
UPDATED: 121 min ago
$650,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Richard Shannon of Century 21 Hometown Realty, Atascadero Office (805-466-8000) and Jennifer Michels of Century 21 Hometown Realty, Atascadero Office(805-466-8000)


Description

Investment Opportunity. 1680 Sq. FT Duplex (was previously a professional office), current set up is a residential duplex. Unit 5385 is 840 sq. ft. with 2 bedrooms and 1 bath with laundry & Unit 5395 is 840 sq. ft. with 1 bedroom 1.5 bath with laundry. The property is zoned CR (commercial retail) and there is a large open flat area behind the existing building for further development. The existing rents are below market rate. Owner will carry financing with a $230,000 down payment at 6% interest. Walking distance to downtown Atascadero. Maybe a great location for VRBO?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T00:28:44.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/131524794
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5385 5395 El Camino Real Atascadero, CA 93422

  • Price: $650,000
  • Status: Active Under Contract
  • On Site: 240 Days
  • Updated: 121 min ago
  • MLS #: NS22169844
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1970
Built
Neighborhood:
Atnortheast(10)
County:
San Luis Obispo
Area:
ATSC - Atascadero
Property Description
Investment Opportunity. 1680 Sq. FT Duplex (was previously a professional office), current set up is a residential duplex. Unit 5385 is 840 sq. ft. with 2 bedrooms and 1 bath with laundry & Unit 5395 is 840 sq. ft. with 1 bedroom 1.5 bath with laundry. The property is zoned CR (commercial retail) and there is a large open flat area behind the existing building for further development. The existing rents are below market rate. Owner will carry financing with a $230,000 down payment at 6% interest. Walking distance to downtown Atascadero. Maybe a great location for VRBO?
Exterior Features

Lot Features Near Public TransitWalkstreet Number Of Separate Electric Meters 1 Parking Features Asphalt Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Contingency Loan; Investigation Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 33000 Gross Scheduled Income 33000 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner May Carry Net Operating Income 32000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 1000 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2750 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Cr



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T00:28:44.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Richard Shannon of Century 21 Hometown Realty, Atascadero Office (805-466-8000) and Jennifer Michels of Century 21 Hometown Realty, Atascadero Office(805-466-8000)