Marketing Remarks: The Color Of Money! While the complex is painted a lovely blue, it might as well be green for all the money you will be bringing in on this FULLY RENTED 4-unit complex! The property has a 6% CAP RATE! The complex features a front, detached house with garage, while in the back there are 3 newer units that all feature garages and fenced yards. Easy access to Highway 101, and a short commute to SLO. This could also be a possible tax shelter and hedge against inflation.
Multi-familyProperty Type
1958Year Built
0.38 acresLot Size
$287Est. Price/Sq.Ft.
Listed by Teri Brager•DRE #01239944• Keller Williams Realty- North
The Color Of Money! While the complex is painted a lovely blue, it might as well be green for all the money you will be bringing in on this FULLY RENTED 4-unit complex! The property has a 6% CAP RATE! The complex features a front, detached house with garage, while in the back there are 3 newer units that all feature garages and fenced yards. Easy access to Highway 101, and a short commute to SLO. This could also be a possible tax shelter and hedge against inflation.
CRMLS #PR176447
Nov 23, 2011
Sold
$520,000
$140/sq ft
Apr 4, 2011
Listed
$550,000
$148/sq ft
NSBCRMLS #1038228
May 20, 2005
Sold
$960,000
$258/sq ft
Mar 8, 2005
Listed
$970,000
$261/sq ft
Consists Of Triplex Built In 2001 And Separate 3 Bdrm, 2ba Home Upgraded In 2000. Private Yards And Garage For Each Unit.
CRMLS #SL1038228
May 20, 2005
Sold
$960,000
$258/sq ft
Mar 8, 2005
Listed
$970,000
$261/sq ft
Public Records
Jan 22, 1999
Sold
$134,500
$36/sq ft
NSBCRMLS #986423
Jan 4, 1999
Listing Removed
—
Sep 14, 1998
Listed
$139,500
$38/sq ft
CRMLS #AT986423
Jan 4, 1999
Sold
$134,500
$36/sq ft
Sep 14, 1998
Listed
$139,500
$38/sq ft
Public Records
Jun 12, 1990
Sold
$125,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,153 (+5.9%)
$153,734 + $506,059
$659,793
2024
$7,700 (+0.1%)
$150,720 + $496,137
$646,857
2023
$7,692 (+2.5%)
$147,765 + $486,409
$634,174
2022
$7,507 (+3.8%)
$144,868 + $476,872
$621,740
2021
$7,230 (+1.9%)
$142,028 + $467,522
$609,550
2020
$7,095 (+2.8%)
$139,244 + $458,355
$597,599
2019
$6,903 (+2.5%)
$137,817 + $453,656
$591,473
2018
$6,732 (+1.9%)
$135,115 + $444,761
$579,876
2017
$6,605 (+1.9%)
$129,869 + $427,492
$557,361
2016
$6,480 (+1.5%)
$129,869 + $427,492
$557,361
2015
$6,385 (+9.1%)
$127,323 + $419,110
$546,433
2014
$5,853 (+1.7%)
$122,955 + $404,729
$527,684
2013
$5,756 (+1.9%)
$122,400 + $402,900
$525,300
2012
$5,647
$122,400 + $402,900
$525,300
Tax history for 6825 Santa Lucia Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,153 (+5.9%)
$153,734 + $506,059
$659,793
2024
$7,700 (+0.1%)
$150,720 + $496,137
$646,857
2023
$7,692 (+2.5%)
$147,765 + $486,409
$634,174
2022
$7,507 (+3.8%)
$144,868 + $476,872
$621,740
2021
$7,230 (+1.9%)
$142,028 + $467,522
$609,550
2020
$7,095 (+2.8%)
$139,244 + $458,355
$597,599
2019
$6,903 (+2.5%)
$137,817 + $453,656
$591,473
2018
$6,732 (+1.9%)
$135,115 + $444,761
$579,876
2017
$6,605 (+1.9%)
$129,869 + $427,492
$557,361
2016
$6,480 (+1.5%)
$129,869 + $427,492
$557,361
2015
$6,385 (+9.1%)
$127,323 + $419,110
$546,433
2014
$5,853 (+1.7%)
$122,955 + $404,729
$527,684
2013
$5,756 (+1.9%)
$122,400 + $402,900
$525,300
2012
$5,647
$122,400 + $402,900
$525,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
—
Sq. Ft.
1,000
Year built
1958
Style
Other
County
San Luis Obispo County
APN
030-341-018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Jun 8, 2018 • Final
Over the counter residential
Tear off the existing roof and install new Class A fiberglass dimensional shingles.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
On Site
Has Parking
Interior
Cooling Information
Central
Has Cooling
Heating Information
Forced Air
Interior Features
Vacuum Central
Levels: One
Exterior
Exterior Information
Roof: Composition, Shingle
Construction Materials: Stucco
Foundation Information
Foundation Details: Concrete Slab
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Paved
Property Information
Total # of Units: 4
Parcel Number: 030341018
Financial
Lease / Rental Details
Operating Expense: $14,596
Tenant Pays: Cable TV, Electricity, Gas, Trash, Water
Utilities
Utilities Information
Cable Available, Telephone - On Property
Water Source: District/Public
Location
Multi-Unit Information
Net Operating Income: $37,573
Total Building Area: 3,714
Location Information
Latitude: 35.48618300
Longitude: -120.67204300
Directions: Heading south on hwy 101 from Paso Robles, take Traffic Way exit. Turn right onto Traffic Way. Turn left onto Ardilla Rd. Take first right onto Santa Lucia. Property will be on the left side.
Zoning: RMF
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,000
Stories: 1.0
Lot Size: 0.38 acres
Style: Other
Year Built: 1958
Year Renovated: —
County: San Luis Obispo County
APN: 030-341-018
Home facts updated by county records on Aug 17, 2026
Other
Listing Information
Days Active in MLS: 304
Continuous Days Active in MLS: 304
Listing Agent Information
List Agent First Name: Michael
List Agent Last Name: Turnquist
Listing Office Information
List Office Name: Keller Williams Realty- North
Selling Agent Information
Buyer Agent First Name: Stacy
Buyer Agent Last Name: George
Selling Office Information
Buyer Office Name: Keller Williams Realty-North
Around this home
Schools
Monterey Road Elementary School
Public K-5 • Assigned • 1.5mi
6/10
Atascadero Middle School
Public 6-8 • Assigned • 0.5mi
7/10
Atascadero High School
Public 9-12 • Assigned • 0.2mi
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
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 17 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
Average low and high temperatures (°F)
63
36
65
41
71
43
69
44
76
46
80
50
81
52
89
55
83
55
79
49
65
43
63
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.01M – $1.23M
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