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.
Multi-familyProperty Type
1960Year Built
9.6 acresLot Size
$107Price/Sq.Ft.
Listed by Guy Torelli•DRE #00666517• Torelli Investment Realty
Bought with Guy Torelli•DRE #00666517• Torelli Investment Realty
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 t
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.
CRMLS #SP1061276
Mar 7, 2016
Sold
$1,070,000
$107/sq ft
Feb 5, 2016
Listing Removed
—
Nov 23, 2015
Listed
$1,350,000
$135/sq ft
NSBCRMLS #175007
Sep 5, 2011
Listing Removed
—
Mar 24, 2011
Listed
$52,000
$5/sq ft
CRMLS #AT175007
Sep 5, 2011
Sold
$35,000
$4/sq ft
Mar 24, 2011
Listed
$52,000
$5/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Mobile/Manufactured Home
County
San Luis Obispo County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 12, 2023.
AG
NORTH COUNTY PLANNING AREA
EL POMAR-ESTRELLA SUB AREA
INLAND AREA
Agricultural Land Use District
The purpose of this Section is to establish a set of regulations applicable to the division of land within the Agriculture land use category. In addition to complying with the standards set forth in this Section and all applicable policies of the general plan, proposed land divisions shall be specifically evaluated for consistency with the policies of the Agriculture and Open Space Element as follows: Agricultural land divisions. Where a division of agricultural lands is proposed, a cluster division where homes are clustered in a compact manner which reduces the agricultural/residential interface, is an alternative to a conventional lot split land division.; Where a division is proposed, the proposed parcels should be of adequate size and design to ensure the long term protection of agricultural resources.; Minimum parcel size criteria for the division of Agricultural lands. Minimum parcel sizes for the proposed division of land designated Agriculture shall be based upon either the existing or potential use of the land for cropland and grazing.; Discretionary approval. The approval of a land division is discretionary and a parcel size larger than the minimum designated in the following Subsections may be required to ensure agricultural capability in accordance with the provisions of the adopted Agriculture and Open Space Element of the general plan.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Bed & breakfast
Office-Other
Property details
Parking
Parking / Garage Information
Covered Parking
Has Parking
Interior
Cooling Information
See Remarks
Has Cooling
Heating Information
See Remarks
Interior Features
Levels: One
Exterior
Exterior Information
Roof: Shingle
Foundation Information
Foundation Details: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Paved
Property Information
Total # of Units: 11
Parcel Number: 034421012
Financial
Lease / Rental Details
Operating Expense: $47,913
Tenant Pays: Electricity
Location
Multi-Unit Information
Net Operating Income: $83,413
Total Building Area: 10,000
Gross Multiplier: 10
Vacancy Allowance: 0
Location Information
Latitude: 35.50006100
Longitude: -120.65095500
Other Subdivision Name: ATNortheast(10)
Subdivision Name: ATNortheast(10)
Zoning: AG
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Mobile/Manufactured Home
Year Built: —
Year Renovated: —
County: San Luis Obispo County
APN: —
Home facts updated by county records on Apr 12, 2023
Other
Listing Information
Days Active in MLS: 74
Continuous Days Active in MLS: 1,227
Listing Agent Information
List Agent First Name: Guy
List Agent Last Name: Torelli
Listing Office Information
List Office Name: Torelli Investment Realty
Selling Agent Information
Buyer Agent First Name: Guy
Buyer Agent Last Name: Torelli
Selling Office Information
Buyer Office Name: Torelli Investment Realty
Around this home
Schools
K - 12
Preschool & daycare
Santa Rosa Road Academic Academy
Public K-5 • Assigned • 2.5mi
4/10
Atascadero Middle School
Public 6-8 • Assigned • 1.2mi
7/10
Atascadero High School
Public 9-12 • Assigned • 1.8mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Atascadero, CA • 93422
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Sun exposure
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