6350 Santa Ynez, Atascadero, CA 93422

$2,338,000

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List Price
$2,338,000
Status
ACTIVE
MLS#
SC26138700
Year Built
1978
Lot Size
24,523
Acres
0.56
Lot Location
16-20 Units/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Atsouthwest(50)

Property Description

This charming, highly desirable eight townhomes property is set back from the quiet street, situated on over half an acre, amongst a variety of mature trees including majestic redwoods. The property offers a quiet, serene, retreat-like environment. There are three separate buildings with one building containing two, 2 bedroom, 1 bathroom townhouse units and two buildings with three, 2 bedroom and 1.5 bathrooms townhome in each building. All but one of the units have been partially or fully updated. Additional highlights include laundry in all units, ample off-street parking with 19 spaces and a large common backyard recreation area. The buildings are all electric with individual units’ electric meters. This is a high tenant demand building. Residents appreciate the peaceful surroundings and yet so conveniently close to restaurants, shops, parks, downtown Atascadero transit options and the 101 freeway. To top it off, there is rental income upside and significant upside/value-add through future ADU development as the City of Atascadero says they would be keen to see ADU’s added to the property. Buyer to verify with the City.

Additional Information

Pool Description
None
Heat
Electric
Exterior Construction
Drywall, Frame, Wood Siding
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$178,998
Operating Expense
64439

Listing courtesy of Listing Agent: Mark Epstein (Mark@EpsteinAssociates.com) from Listing Office: Mark Epstein & Associates.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.