7865 Sinaloa Avenue, Atascadero, CA 93422

$1,100,000

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Sold Price
$1,100,000
List Price
$1,200,000
Closing Date
Jun 24, 2025
Status
CLOSED
MLS#
SC25052972
Year Built
1918
Lot Size
11,892
Acres
0.27
Lot Location
2-5 Units/Acre
Days on Market
83
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level, Two Levels
Neighborhood
Atnortheast(10)

Property Description

Charming Multi-Unit Investment Opportunity in Atascadero! This unique property features two buildings with a total of four units, offering excellent rental potential. Both building consists of two units all nestled beneath the shade of stunning oak trees. The main home is a spacious 2-bedroom, 2-bath residence filled with natural light thanks to its many windows. A welcoming entryway leads into a large living area with a fireplace, perfect for cozy evenings. The dining area, adjacent to the kitchen, offers bar seating, ample cabinetry, and generous countertop space. The primary bedroom is expansive, featuring an ensuite bathroom with a walk-in shower and a separate soaking tub. The second bedroom also has its own private bathroom, providing extra convenience. Toward the back of the home, a laundry area with a sink and additional storage leads to a fenced backyard with lush grass, an ideal space for entertaining and enjoying the beautiful San Luis Obispo evenings. The upper-level unit in the front building features 2 bedrooms, 1 bath, a spacious living room, an updated open kitchen, and a large front deck with breathtaking mountain views—a perfect spot for BBQs and outdoor relaxation. Additional features include window A/C and spacious bedrooms. The back building consists of two well-maintained units. Unit 7869 is a 2-bedroom, 1-bath unit with fresh paint, a covered back deck, garden space, a breakfast bar, ample cabinets, and spacious countertops. Unit 7867 is another 2-bedroom, 1-bath unit featuring tile flooring in the kitchen and living area, a breakfast bar, ample cabinetry, and updated flooring in both bedrooms, along with a covered deck for outdoor enjoyment. Additional property highlights include on-site parking, each unit features its own private in-unit laundry for added convenience and comfort, and separate utilities, including five PG&E meters (one for common areas), two water meters (one per structure), and four gas meters. Conveniently located near charming downtown Atascadero, schools, parks, restaurants, and scenic walking trails, this property is an exceptional investment opportunity.

Additional Information

Pool Description
None
Heat
Baseboard, Forced Air
Cooling
Yes
Cooling Description
Electric, Wall/Window Unit(s)
View
Mountain(s), Neighborhood, Trees/Woods
Sewer
Private Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$80,040
Operating Expense
8000

Listing courtesy of Listing Agent: Lindsey Harn (soldbylindseyharn@gmail.com) from Listing Office: Christie's International Real Estate Sereno.

Listing sold by Joanie Williams from RE/MAX Parkside Real Estate

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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.