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.
Property Details
Price:
$1,775,000
MLS #:
NS25175091
Status:
Active
Baths:
0
Address:
7116 Sombrilla Ave
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
atscatascadero
City:
Atascadero
Listed Date:
Jul 30, 2025
State:
CA
ZIP:
93422
Lot Size:
17,859 sqft / 0.41 acres (approx)
Year Built:
1975
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnnMortgage Calculator
Schools
Interior
Fireplace Features
None
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
Sprinkler System
Parking Features
Unassigned
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Map
Community
- Address7116 Sombrilla Ave Atascadero CA
- AreaATSC – Atascadero
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
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Courtesy of RE/MAX Parkside Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.7116 Sombrilla Ave
Atascadero, CA
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