For Sale
$1,465,000

13155 San Antonio Rd Atascadero, CA 93422

4-Unit Apartment Building, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional Atascadero investment opportunity presents a 4-unit apartment building situated on a spacious 105,850 sq ft lot. The property, built in 1985, comprises three structures totaling 4,384 square feet, featuring four units with a mix of configurations. The main residence boasts a Spanish style design with Saltillo tile floors, classic archways, a wood-burning fireplace, and a modern kitchen equipped with a new dishwasher and electric cooktop. Two units are self-contained apartments, each with a bedroom and bathroom, while a charming cabin offers an additional bedroom and loft. Four parking spaces and two carports are available. The property enjoys a peaceful setting, surrounded by oak trees, and offers convenient access to US 101. The current Net Operating Income (NOI) stands at $96,284, with an asking price of $1,465,000 ($334 per square foot). The property is zoned RS and features a fenced perimeter, ensuring privacy. This multifamily property presents a compelling investment opportunity, suitable for both investors seeking strong returns and multi-generational families. Further development potential may exist, subject to county approval. The property's location in Atascadero, CA (zip code 93422), offers a desirable blend of tranquility and accessibility.

Highlights

  • Exceptional Atascadero investment opportunity: 4-unit apartment building on a 105,850 sq ft lot.
  • 1985-built, 4,384 sq ft multi-structure property with a mix of unit configurations.
  • Main residence features Spanish style, Saltillo tile, fireplace, and updated kitchen.
  • Includes two self-contained apartments and a cabin, totaling four units.
  • Four parking spaces and two carports.
  • $96,284 NOI, $1,465,000 asking price ($334/sq ft).

Property Details for 13155 San Antonio Rd

Property type
Apartment buildings
Square Feet
4,384 SF
Year Built
1985
Buildings
3
Stories
1
Units
4

Location Insight

City
Atascadero
County
San Luis Obispo
State
California
Latitude
35.4391695
Longitude
-120.6360562

FAQs

What type of property is this?
Apartment building - 4-Unit Apartment Building, High NOI
Where is the apartment building located?
The property is located at 13155 San Antonio Rd Atascadero, CA.
What is the asking price?
The asking price for this property is $1,465,000.
What are key features of this property?
This property features: Exceptional Atascadero investment opportunity: 4-unit apartment building on a 105,850 sq ft lot.; 1985-built, 4,384 sq ft multi-structure property with a mix of unit configurations.; Main residence features Spanish style, Saltillo tile, fireplace, and updated kitchen.
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13155 San Antonio Rd
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