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4700 Rocky Canyon RD Atascadero, CA 93422
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Key Details
Sold Price $1,070,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Atnortheast(10)
MLS Listing ID SP1061276
Sold Date 03/07/16
HOA Y/N No
Year Built 1960
Lot Size 9.600 Acres
Property Description
Marketing Remarks: Showing subject to offer. Seller Will Carry First Trust Deed At 6%. 6.0% cash on cash return. 11 units in a quiet and serene part of Atascadero consisting of a single family home, 6 mobile rentals and 4 tenant-owned mobile homes. All units have nice sized yards and carports/garages. Almost all units are large, 1400 to 1700 square feet. 4 Tenant-owned mobiles pay space rent between $260 and $305. One Section 8 tenant rented at $1,733 (tenant pays $631) & this unit' s rent can be raised to $1,850. 3 bedroom single family home was just remodeled. Other units have been remodeled in the past and upon tenant turnover. On-site manager allowing for the ability to own from afar. 6 mobile rentals consist of three 3 bedrooms and 3 two bedrooms. Agricultural zoning, non-conforming. No more units can be added.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning AG
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Garage Covered
Roof Type Shingle
Parking Type Covered
Building
Lot Description Paved
Story One
Entry Level One
Foundation None
Level or Stories One
Others
Tax ID 034421012
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
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Bought with Guy Torelli • Torelli Investment Realty
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