Movoto Real Estate
Sold on 03/25/2024
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7830 Sinaloa Ave, Atascadero, CA 93422

$1,222,000

Last sold 03/25/2024 for $1.1M

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    bed

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    bath

Multi-family not for sale

About 7830 Sinaloa Ave

Property type Multi-family
Year built 1973
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Rental estimate
Property description
Welcome to the epitome of investment opportunities! This income-producing quadruplex is fully leased with tenants who have been there for the long term [Unit A 20+ years]. Each of the 4 Units boasts 2 bedrooms and 1 full bath and is approximately 850 SQ FT. There is an on-site laundry room and covered parking at the rear of the property. Each unit also contains a forced air gas heater and a wall A/C Unit. Stucco exterior and a newer composition roof [approximately 4 years old]. Currently rented below market rate with potential for enhanced revenue through adjustments to rental rates. Unit A has not been updated in approximately 20 years and could use some TLC. Unit D was recently updated with new flooring, cabinets, and countertops. Units B & C are in decent condition but slightly aged. This Quadruplex is in a prime location, located centrally between beautiful San Luis Obispo and Paso Robles [wine country and the ocean!] and is close to Atascadero's growing downtown. Easy walking distance to shopping and restaurants and near essential services. Don't miss this opportunity!
Listed by
Listing Agent - Richard Shannon
Listing Agent Contact: 805-878-3077
Listing Office - Century 21 Hometown Realty, Atascadero Office
Source: CRMLS mls logo
MLS#NS24008679 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.2709
Lot Size (SqFt) 11800
Year Built 1973
Interior
Exterior
Building Area Square Feet, 3398
Parking Carport
# Carport Spaces 4
# Parking Spaces 4
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Luis Obispo
Community Features Suburban
Subdivision ATNortheast(10), ATNortheast(10)
Directions From US101 N Take Exit For Curbaril. Right Onto Curbaril Then Left Onto Sinaloa. Property Is On The Left.
APN 30132043
Multifamily Details
Expense: Trash 1980
Laundry Income 720
Operating Expense 11490
Expense: Insurance 2900
Total Expenses 15000
Expense: Maintenance 3600
Expense: Water/ Sewer 1200
Gross Income 720
Expense: Electric 250
Gross Scheduled Income 55200
Expense: Fuel 1200
Lot/ Land Details
Average Studio Area 850
$1.22M
Range: $1.09M-$1.34M
Last 30 days 
Rental est.: $2,200/month
Gross rent multiplier: 41.7
  • Mar 2024
    mls logo MLS # NS24008679
  • Mar 25, 2024 Sold
    $1,100,000
  • Jan 24, 2024 Pending
    —
  • Jan 15, 2024 Listed
    $1,150,000
  • Mar 2024
    Public Records
  • Mar 25, 2024 Sold
    $1,100,000 (-4.3%)
  • Year Property taxes Tax assessment
  • 2024
    $5,553
    $343,534
  • 2023
    $5,551 +6.2%
    $343,534 +4.04%
  • 2022
    $5,227 +6.2%
    $330,196
  • 2021
    $4,921 +5.0%
    $330,196 +3.06%
  • 2020
    $4,687 +5.6%
    $320,404
  • 2019
    $4,437 +4.6%
    $320,404 +2.0%
  • 2018
    $4,243 +1.7%
    $314,123 +2.0%
  • 2017
    $4,174 +1.6%
    $307,964 +4.04%
  • 2016
    $4,106 +1.3%
    $296,007
  • 2015
    $4,055
    —
  • 7830 Sinaloa Ave
    $1.1M
  • —
  • 93422
    $720K -9% y/y
  • Atascadero
    $720K -9% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 93422
  • 7830 Sinaloa Ave
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