NOT LISTED FOR SALE

6865 Morro Rd Unit A,B&C Atascadero, CA 93422

-- Bed
-- Bath
2,850 Sq Ft
9,845 Sq Ft Lot

Last Sold March 14, 2013

Last sale price $250,000 $88 Per Sq Ft

94 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Laundry Room

About This Home

As of March 2013

Marketing Remarks: Ideally located commercial zoned income property in Atascadero! 9,800+/-sf Commercial/Retail zoned property generates about $2,700 in monthly income from older (non-conforming) rental units (3 units total). The old 3 bedroom 1 bath home in front rents for $925/month, and the unusual, metal framed,metal roofed (commercial style) duplex in rear rents for and additional $1,775/month (B is a 2/1 at $875/month, and C is a 3/1 at $900/month). Ideally located across from the current Atascadero Library building on busy Morro Rd (Hwy 41W). Rent now and develop later, as this street-to-street parcel has great accessability and visibility. Aggressively priced short sale - waste no time on this one!

Last Agent to Sell the Property

Scott Ehrke

RE/MAX Success License #01012637 Listed on: 11/09/2012

RE/MAX Success

Last Buyer's Agent

Jim Smith

American Dream Realty License #00858716

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 9,845 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • 2,850 Sq Ft Home
  • Raised Foundation
  • Shingle Roof
  • Metal Roof

Laundry

  • Laundry Room

Parking

  • Parking Available
  • On-Site Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 030291015

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $32,650
  • Net Operating Income $12,650

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subdivision Name Other: ATSouthwest(50)
  • Zoning: COMRTL
  • Property Type: Residential Income
  • Parcel Number: 030291015
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 87.72

Exterior Features

  • Foundation: Raised
  • Roof: Shingle, Metal

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Laundry: Yes
  • Heating Type: Wall Furnace, Forced Air
  • Cooling: Yes

Lot Info

  • Lot Features: Paved, Level with Street
  • Lot Size Sq Ft: 9845.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Multiplier: 8.80
  • Gross Operating Income: 32650.00
  • Lot Size Area: 0.2200 Acres
  • Net Operating Income: 12650.00
  • Number Of Units Total: 3
  • Operating Expense: 20000.00

Range of Values:

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Average Value
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List Price
Sold Price
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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
03/14/2013 03/14/13 Sold $250,000 -13.8% $88 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $290,000 -- $102 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PR191381

California Regional Multiple Listing Service (CRMLS)