Atascadero, CA 93422,5480 Capistrano AVE

$1,160,000

Est. payment /mo

$975,000

19.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5480 Capistrano AVE Atascadero, CA 93422

4,240 SqFt

SOLD DATE : 03/10/2023

Key Details

Sold Price $1,160,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,240 sqft

Price per Sqft $273

Subdivision Atnortheast(10)

MLS Listing ID NS23033556

Sold Date 03/10/23

HOA Y/N No

Year Built 1973

Lot Size 0.451 Acres

Acres 0.4511

Property Description

Welcome to Rose Garden Apartments where the perfect INVESTMENT OPPORTUNITY AWAITS!!! This well priced 8 unit apartment property has historic roots of 50 year ownership and offers room for much growth and potential. Sitting on just under half an acre, this 3 building apartment property offers 3 units in two of the buildings and 2 units in the other. Each unit feature 1 bedroom/1 bathroom, #1-6 are approx 500 sq. ft and #7-8 are approx 620 sq. ft. Each unit has a refrigerator, stove, wall heater, and a window AC unit. All of the units bedrooms have closets while units 1-6 have walk-in closets. Each unit has its own electric and gas meters and there are 2 water meters on site. An over-sized parking lot in front of the buildings offers ample room for tenant and additional guest parking. This property is not on city sewer, it is on its own septic system which was pumped and repaired on 2/10/2020. Centrally located near downtown Atascadero while being walking distance to Colony Square, Sunken Gardens, and many local markets, shops, and restaurants. Although being very close to downtown, the location of this property is not considered a busy road and remains very private, quiet, and secluded. The perfect package of convenience and privacy. Call your realtor to book a showing today!

Location

State CA

County San Luis Obispo

Area Atsc - Atascadero

Zoning MF10

Rooms

Ensuite Laundry None

Interior

Interior Features All Bedrooms Down

Laundry Location None

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry None

Exterior

Garage Driveway Level, On Site, Oversized, Paved, Private, Uncovered

Fence Wood

Pool None

Community Features Hiking, Park, Sidewalks

Utilities Available Natural Gas Connected

View Y/N Yes

View Neighborhood, Trees/Woods

Roof Type Shingle

Parking Type Driveway Level, On Site, Oversized, Paved, Private, Uncovered

Total Parking Spaces 12

Private Pool No

Building

Lot Description 6-10 Units/Acre

Faces Northeast

Foundation Raised

Sewer Septic Tank

Water Public

New Construction No

Others

Senior Community No

Tax ID 028371026

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Lauri Strain • Attune Real Estate • 805-423-8846
Bought with Anthony Aurignac • Venture Real Estate

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.