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
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Schools
Interior
Laundry Features
Common Area
Exterior
Community Features
Sidewalks
Parking Features
Unassigned
Parking Spots
0.00
Financial
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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