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$815,000 For Sale

5005 Palma Avenue
Atascadero, CA 93422

4 units | Multi Family Home
18731 sq ft lot - MLS# SP17256219
Property Photo
1/61

Description

A great investment opportunity located on the Northeast side of Atascadero. Located on the corner of San Jacinto and Palma, each of the four units has 2 bedrooms, 1 bath, separate laundry hookups, private patios and a single car garage (except #1 which has 2 single garages). There is also additional onsite parking. Each kitchen has a pantry. Appliances other than stoves belong to the tenants. Square footage ranges from 977 - 1122. This property has been well cared for and is fully rented with long term tenants. Owner financing with 25% down payment. Information not verified.

Features

  • # of Parking Spaces: 9.00
  • Acres: 0.4292
  • Appliances: Gas & Electric Range, Gas Water Heater, Range/Stove Hood, Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4140.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Construction Materials: Stucco
  • Cooling: Central, Yes
  • Country: US
  • County/Area: San Luis Obispo County
  • Direction Faces: Northeast
  • Directions: San Anselmo to San Jacinto left on Palma
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Foundation Details: Concrete Perimeter
  • Garage Spaces: 5.00
  • Gross Income: 44675.00
  • Gross Scheduled Income: 48600.00
  • Heating: Central Furnace, Yes
  • Insurance Expense: 2180.00
  • Interior Features: Formica Counters, Open Floor Plan, Pantry, Tile Counters, Unfurnished
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Individual Room, Washer Hookup
  • Listing Status: Active
  • Lot Features: Corner Lot, Lot Shape-Rectangular, Up Slope from Street
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Maintenance Expense: 9072.00
  • MLS: MR
  • Net Operating Income: 24600.00
  • New Taxes Expense: 10188.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number With Carpet: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 24000.00
  • Parking: Yes
  • Parking Features: Driveway - Asphalt, Driveway Up Slope From Street, Garage - Front Entry, Garage - Single Door, Garag
  • Parking Spaces: 9.00
  • Property Attached: Yes
  • Property Type: Multi Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Tile
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Stories: One
  • Stories Total: 1
  • Style: Traditional
  • Sub Type: Multi Family Home
  • Subdivision: Atnortheast(10)
  • Subdivision/Neighborhood: Atnortheast(10)
  • Total Actual Rent: 4050.00
  • Total Expenses: 23271.00
  • Trash Expense: 1166.00
  • Uncovered Spaces: 4.00
  • Units: 4
  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 1133.00
  • Water Source: Public
  • Year Built: 1985
  • Year Built Source: Seller
  • Zip Code: 93422
  • Zoning: MF10
  • View: Neighborhood, Yes

Courtesy of:

  • More info
  • Abbie Woodward
    REALTOR®; Agent
    San Luis Obispo Realty
    Email Me
    Cell: (805) 440-8010
    CalBRE:  01018025
  • More info

and our Morro Bay Affiliate & second location

Morro Bay Real Estate Partner

San Luis Obispo Realty
805-544-9161
info@san-luis-obispo-realty.com
441 Marsh Street
San Luis Obispo, CA 93401

CA BRE# 00577121

 

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