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5385 5395 El Camino Real, Atascadero, CA 93422

Commercial property · 2 recorded sales since 2023

5385 5395 El Camino Real, Atascadero, CA 93422 Sold April 2023 CRMLS
$620,000Sold April 2023

Listing Agent: Richard Shannon (DRE #00619856) · Listing Office: Century 21 Hometown Realty, Atascadero Office · Contact: 805-466-8000 · Bought with: Mike Sherer · Century 21 Hometown Realty, Atascadero Office · MLS #NS22199872 · Source: CRMLS

1,680
Building Sq Ft
2
Units
$32,000
NOI
14,882 sqft
Lot Size
1970
Year Built
Commercial property
Type

About this commercial property

Investment Opportunity. 1680 Sq. FT Duplex (was previously a professional office), current set up is a residential duplex. Unit 5385 is 840 sq. ft. with 2 bedrooms and 1 bath with laundry & Unit 5395 is 840 sq. ft. with 1 bedroom 1.5 bath with laundry. The property is zoned CR (commercial retail) and there is a large open flat area behind the existing building for further development. The existing rents are below market rate. Owner will carry financing with a $230,000 down payment at 6% interest. Walking distance to downtown Atascadero. Maybe a great location for VRBO?

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$620,000
Sold April 2023 · listed $650,000, orig. $675,000, on market August 2022 · MLS #NS22199872 · Source: CRMLS
Listing Agent: Richard Shannon · Listing Office: Century 21 Hometown Realty, Atascadero Office · Contact: 805-466-8000 · Bought with: Mike Sherer · Century 21 Hometown Realty, Atascadero Office
$620,000
Sold April 2023 · listed $650,000, orig. $675,000, on market August 2022 · MLS #NS22169844 · Source: CRMLS
Listing Agent: Richard Shannon · Listing Office: Century 21 Hometown Realty, Atascadero Office · Contact: 805-466-8000 · Bought with: Mike Sherer · Century 21 Hometown Realty, Atascadero Office
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