5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
5480 Capistrano Avenue
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$1,160,000

5480 Capistrano Avenue

4,240 Sq.Ft.

Description

Welcome 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!

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Location

5480 Capistrano Avenue, Atascadero, CA 93422

Status

Sold
Lauri Strain, CRS, e-PRO

Lauri Strain, CRS, e-PRO

TITLE

Founder

Property Amenities

Interior
Laundry room None
Fireplace None
Appliances Gas Range, Refrigerator
Flooring Carpet
Other Interior Features All Bedrooms Down
Area & Lot
Lot Area 0.45 Acres
Living area 4,240 Sq.Ft.
MLS® ID NS23033556
Year Built 1973
View Description Neighborhood,Trees/Woods
Type Multi-Family
Status Sold
Exterior
Pool None
Air conditioning Wall/Window Unit(s)
Heat type Wall Furnace
Water Source Public
Sewer Septic Tank
Parking Driveway Level, On Site, Oversized, Paved, Private, Uncovered
Lot Features 6-10 Units/Acre
Roof Shingle
Utilities Natural Gas Connected
Finance
Sales Price $1,160,000

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