NOT LISTED FOR SALE
8 Beds
4 Baths
3,576 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: May 23, 2019

Last sale price $821,000 $230 Per Sq Ft

28 Days on Market

Highlights

  • No HOA
  • Cottage
  • Shed
  • Neighborhood Views
  • Double Pane Windows
  • Tile Flooring

About This Home

As of May 2019

Attention Investors! Here’s a rare opportunity to purchase a Quadplex in Atascadero with a strong rental history and fully leased at a current monthly gross income of $5,250! Each unit is 2 bedrooms, 1 full bath, approximately 900 sq. ft. and features newer dual pane windows, a wood burning fireplace, and central heat and air. Utilities are metered separately, tenant pays and there are designated car ports for each home. Near the large carport is the onsite coin operated laundry facilities. This is a unique chance to invest in California’s expanding Central Coast! All showings are to be made with advanced notice to tenants so call your agent today!

Last Agent to Sell the Property

Robert Sousa

COMPASS Brokerage Phone: 805.460.3000 License #01774193 Listed on: 04/03/2019

COMPASS

Last Buyer's Agent

Joshua Farris

Guide Real Estate License #01921964

Guide Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 17,000 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Cottage
  • Quadruplex
  • Slab Foundation
  • Interior Block Wall
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,576 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Neighborhood Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for gas, water, sewer, electricity
  • Assessor Parcel Number 029082032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Atnortheast Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,080
  • Trash Expense $1,127
  • New Taxes Expense $10,800
  • Operating Expense $26,055
  • Gross Income $63,930
  • Net Operating Income $37,875

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.39 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Subdivision Name Other: ATNortheast(10)
  • View: Yes
  • Zoning: MF10
  • Architectural Style: Cottage
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 029082032
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Carpet
  • Fireplace Features: Wood Burning, Family Room
  • Levels: One
  • Price Per Square Foot: 229.59
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Asphalt
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1127.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 17000.00
  • Lot Size Acres: 0.3903

Rental Info

  • Tenant Pays: Gas, Water, Sewer, Electricity

Multi Family

  • Gross Income: 63930.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1080.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 930.00
  • Lot Size Area: 17000.0000 Square Feet
  • Net Operating Income: 37875.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 26055.00
  • Rent Control: No
  • Total Actual Rent: 5250.00
  • Total Expenses: 26055.00

Tax Info

  • New Taxes Expense: 10800.00
  • Tax Census Tract: 125.02

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Outstanding Balance
$933,565
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 20, 2019
Sold by
Bought by
Seller's Agent
Robert Sousa
COMPASS
Buyer's Agent
Joshua Farris
Guide Real Estate
List Price
$869,900
Sold Price
$821,000
Premium/Discount to List
-$48,900
-5.62%

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Atascadero, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,275,000 Fidelity National Title
$821,000 First American Title Company
-- None Available
-- Lawyers Title Company
-- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $956,250
Previous Owner $1,068,000
Previous Owner $185,000
Previous Owner $70,000
Previous Owner $150,000
Previous Owner $155,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $821,000 -5.6% $230 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $869,900 -- $243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,221 $1,326,510 $364,140 $962,370
2025 $11,135 $1,300,500 $357,000 $943,500
2024 $11,130 $897,880 $355,433 $542,447
2023 $11,130 $880,275 $348,464 $531,811
2022 $10,823 $863,016 $341,632 $521,384
2021 $10,474 $846,095 $334,934 $511,161
2020 $10,245 $837,420 $331,500 $505,920
2019 $9,304 $765,364 $264,932 $500,432
2018 $8,361 $690,000 $275,000 $415,000
2017 $7,163 $585,000 $230,000 $355,000
2016 $6,877 $560,000 $200,000 $360,000
2015 $6,420 $520,000 $170,000 $350,000
2014 $5,801 $500,000 $150,000 $350,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS19074561

California Regional Multiple Listing Service (CRMLS)

APN: 029-082-032

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