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$1,699,000
5455 El Camino, Atascadero, CA 93422
14 Beds
15 Baths
5,459 sqft

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*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.
  • Price:
  • $1,699,000
  • Bedrooms:
  • 14
  • Square Footage:
  • 5,459
  • Acreage:
  • 0.46
  • Year Built:
  • 1946
  • Listing ID #:
  • PI21217287
  • Street Address:
  • 5455 El Camino
  • City:
  • Atascadero
  • State:
  • California
  • Postal Code:
  • 93422
  • County:
  • San Luis Obispo
  • Community:
  • Atascadero
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Commercial Sale
  • Construction Description:
  • Drywall
  • Entry Level:
  • 1
  • Number Of Units:
  • 16
  • Stories:
  • 2
  • Total # Of Buildings:
  • 6
  • Total Building Square Footage:
  • 5459
  • Type Of Roof:
  • Asphalt, Composition, Shingle, Spanish Tile
  • Year Built:
  • 1946
  • Year Built Source:
  • Estimated
  • Annual Electric Expenses:
  • 9103
  • Annual Maintenance Expenses:
  • 10000
  • Annual Trash Expenses:
  • 2633
  • Annual Water/Sewer Expenses:
  • 3436
  • Business Type:
  • Animal Grooming, Mixed, Other
  • Net Operating Income:
  • 87518
  • Operating Expense:
  • 43166
  • Conforms To Zoning:
  • Cr
  • Lot Features:
  • 0-1 Unit/Acre
  • Lot Size:
  • 20037
  • Lot Square Footage:
  • 20037
  • Days On Market:
  • 64
  • On Market Date:
  • 2021-09-30
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Cash To New Loan, Conventional, 1031 Exchange
  • Parking Spaces:
  • 15
  • Electricity:
  • Electricity - On Property, Standard
  • Existing Water:
  • Public
  • Heating:
  • Electric, Forced Air
  • Utilities:
  • Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Unit 1 Description:
  • Studio
  • Unit 1 Monthly Rent:
  • 760
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 1
  • Unit 1 Type:
  • Item1bedroom
  • Unit 10 Description:
  • Studio
  • Unit 10 Monthly Rent:
  • 760
  • Unit 10 Total Bathrooms:
  • 1
  • Unit 10 Total Bedrooms:
  • 1
  • Unit 11 Description:
  • Studio
  • Unit 11 Monthly Rent:
  • 800
  • Unit 11 Total Bathrooms:
  • 1
  • Unit 11 Total Bedrooms:
  • 1
  • Unit 12 Description:
  • Studio
  • Unit 12 Monthly Rent:
  • 760
  • Unit 12 Total Bathrooms:
  • 1
  • Unit 12 Total Bedrooms:
  • 1
  • Unit 13 Description:
  • Studio
  • Unit 13 Monthly Rent:
  • 800
  • Unit 13 Total Bathrooms:
  • 1
  • Unit 13 Total Bedrooms:
  • 1
  • Unit 2 Description:
  • Studio
  • Unit 2 Monthly Rent:
  • 800
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 1
  • Unit 3 Description:
  • Studio
  • Unit 3 Monthly Rent:
  • 950
  • Unit 3 Total Bathrooms:
  • 1
  • Unit 3 Total Bedrooms:
  • 1
  • Unit 4 Description:
  • 3/2 Bath Unit
  • Unit 4 Monthly Rent:
  • 1300
  • Unit 4 Total Bathrooms:
  • 2
  • Unit 4 Total Bedrooms:
  • 3
  • Unit 5 Description:
  • 3 Commercial Units Total
  • Unit 5 Monthly Rent:
  • 1610
  • Unit 5 Total Bathrooms:
  • 2
  • Unit 6 Description:
  • Studio
  • Unit 6 Monthly Rent:
  • 850
  • Unit 6 Total Bathrooms:
  • 1
  • Unit 6 Total Bedrooms:
  • 1
  • Unit 6 Type:
  • Item2bedroom
  • Unit 7 Description:
  • Studio
  • Unit 7 Monthly Rent:
  • 760
  • Unit 7 Total Bathrooms:
  • 1
  • Unit 7 Total Bedrooms:
  • 1
  • Unit 7 Type:
  • Item3bedroom
  • Unit 8 Description:
  • Studio
  • Unit 8 Monthly Rent:
  • 760
  • Unit 8 Total Bathrooms:
  • 1
  • Unit 8 Total Bedrooms:
  • 1
  • Unit 8 Type:
  • Item4bedroomormore
  • Unit 9 Description:
  • Studio
  • Unit 9 Monthly Rent:
  • 800
  • Unit 9 Total Bathrooms:
  • 1
  • Unit 9 Total Bedrooms:
  • 1
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Courtesy of Abel Contreras () with Keller Williams Realty Central Coast
  • CACRMLS

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