*This property is currently not priced. The $1,699,000 would be the minimum offering price* First time ever on the market, 5435-5465 is a major value add opportunity. 16-unit total multifamily/mixed-use complex with opportunity for stabilized rent growth in a rapidly increasingly up-and-coming area. The property offers 5459 +/- square feet of space on slightly under a 1/2 acre lot with ample parking for tenants and customers. This 100% occupied desirable mix of 11 studios, 1 three bedroom two bathroom unit, and 4 commercial units is a great investment due to all tenants being month-to-month. Don’t miss out on this property that is located within minutes of downtown Atascadero’s best restaurants and entertainment options.
Property Details
Price:
$1,699,000
MLS #:
PI21217287
Status:
Closed ((Dec 27, 2021))
Baths:
0
Address:
5455 El Camino Real
Type:
Commercial
Subtype:
Mixed Use
City:
Atascadero
Listed Date:
Sep 29, 2021
State:
CA
ZIP:
93422
Year Built:
1946
Schools
Interior
Heating
Electric, Forced Air
Exterior
Electric
Electricity – On Property, Standard
Roof
Asphalt, Composition, Shingle, Spanish Tile
Stories Total
2
Water Source
Public
Financial
Utilities
Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Map
Contact Us
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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 …
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Courtesy of Keller Williams Realty Central Coast. 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 / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland 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 2024. California Regional Multiple Listing Service. All rights reserved.5455 El Camino Real
Atascadero, CA
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