Seller's Agent in 2023
Lauri Strain
Attune Real Estate
(805) 423-8846
7 in this area
52 Total Sales
5480 Capistrano Ave Atascadero, CA 93422
8
Beds
8
Baths
4,240
Sq Ft
0.45
Acres
Highlights
- All Bedrooms Downstairs
- Hiking Trails
- Park
- View of Trees or Woods
- Cooling System Mounted To A Wall/Window
- Wood Fence
About This Home
As of March 2023Welcome to Rose Garden Apartments where the perfect INVESTMENT OPPORTUNITY AWAITS!!! This well priced 8 unit apartment property has historic roots of 50 year ownership and offers room for much growth and potential. Sitting on just under half an acre, this 3 building apartment property offers 3 units in two of the buildings and 2 units in the other. Each unit feature 1 bedroom/1 bathroom, #1-6 are approx 500 sq. ft and #7-8 are approx 620 sq. ft. Each unit has a refrigerator, stove, wall heater, and a window AC unit. All of the units bedrooms have closets while units 1-6 have walk-in closets. Each unit has its own electric and gas meters and there are 2 water meters on site. An over-sized parking lot in front of the buildings offers ample room for tenant and additional guest parking. This property is not on city sewer, it is on its own septic system which was pumped and repaired on 2/10/2020. Centrally located near downtown Atascadero while being walking distance to Colony Square, Sunken Gardens, and many local markets, shops, and restaurants. Although being very close to downtown, the location of this property is not considered a busy road and remains very private, quiet, and secluded. The perfect package of convenience and privacy. Call your realtor to book a showing today!
Last Agent to Sell the Property
Attune Real Estate License #01439653 Listed on: 03/03/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 0.45 Acre Lot
- Two or More Common Walls
- Northeast Facing Home
- Wood Fence
- Density is 6-10 Units/Acre
Property Views
- Woods
- Neighborhood
Home Design
- Apartment
- Raised Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 4,240 Sq Ft Home
- Carpet
- Gas Range
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- 8 Bathrooms
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Parking Available
- Private Parking
- Driveway Level
- Paved Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Conventional Septic
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 25
- Assessor Parcel Number 028371026
- $110,847 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 8 Units
- Atnortheast Subdivision
Recreation
- Park
- Hiking Trails
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $6,894
- Trash Expense $1,752
- Water Sewer Expense $1,815
- Operating Expense $10,461
- Gross Income $79,800
- Net Operating Income $69,339
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2023 03/10/23 | Sold | $1,160,000 | +19.0% | $274 / Sq Ft |
| 03/03/2023 03/03/23 | Pending | -- | -- | -- |
| 03/03/2023 03/03/23 | For Sale | $975,000 | -- | $230 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,148 | $1,206,864 | $390,150 | $816,714 |
| 2024 | $1,281 | $1,183,200 | $382,500 | $800,700 |
| 2023 | $1,281 | $113,063 | $22,599 | $90,464 |
| 2022 | $1,265 | $110,847 | $22,156 | $88,691 |
| 2021 | $1,240 | $108,674 | $21,722 | $86,952 |
| 2020 | $1,228 | $107,561 | $21,500 | $86,061 |
| 2019 | $1,204 | $105,453 | $21,079 | $84,374 |
| 2018 | $1,180 | $103,386 | $20,666 | $82,720 |
| 2017 | $1,157 | $101,360 | $20,261 | $81,099 |
| 2016 | $1,134 | $99,373 | $19,864 | $79,509 |
| 2015 | $1,117 | $97,881 | $19,566 | $78,315 |
| 2014 | $1,020 | $95,964 | $19,183 | $76,781 |
Source: Public Records
Agents Affiliated with this Home
-
Lauri Strain
-
Anthony Aurignac
Buyer's Agent in 2023
Anthony Aurignac
Venture Real Estate
(805) 783-1000
5 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS23033556
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.
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
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