NOT LISTED FOR SALE

4700 Rocky Canyon Rd Atascadero, CA 93422

-- Bed
-- Bath
10,000 Sq Ft
9.6 Acres

Last Sold March 07, 2016

Last sale price $1,070,000 $107 Per Sq Ft

74 Days on Market

Highlights

  • 9.6 Acre Lot
  • Cooling Available
  • Paved or Partially Paved Lot

About This Home

As of March 2016

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.

Last Agent to Sell the Property

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 11/23/2015

Last Buyer's Agent

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 11/23/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 9.6 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • 10,000 Sq Ft Home
  • Shingle Roof

Parking

  • Parking Available
  • Covered Parking

Utilities

  • Cooling Available

Community Details

  • 11 Units
  • Net Operating Income $83,413

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 034421012

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • CapRate: 6.20
  • Subdivision Name Other: ATNortheast(10)
  • Zoning: AG
  • Property Type: Residential Income
  • Parcel Number: 034421012
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 107.00

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Cooling: Yes

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 418176.00
  • Lot Size Acres: 9.6000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Multiplier: 10.00
  • Lot Size Area: 9.6000 Acres
  • Net Operating Income: 83413.00
  • Number Of Units Total: 11
  • Operating Expense: 47913.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $1,070,000 -20.7% $107 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $1,350,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Guy Torelli

    Torelli Investment Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1061276

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County Atascadero 93422

4700 Rocky Canyon Rd, Atascadero, CA

This home is located at 4700 Rocky Canyon Rd, Atascadero, CA 93422 since 23 November 2015. This property was built in 1960. 4700 Rocky Canyon Rd is a home located in San Luis Obispo County with nearby schools including Santa Rosa Road Academic Academy, Atascadero Middle School, and Atascadero High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes