5455 El Camino Real, Atascadero, CA 93422

About this commercial property

*This property is currently not priced. The $1,699,000 would be the minimum offering price* First time ever on the market, 5435-5465 is a major value add opportunity. 16-unit total multifamily/mixed-use complex with opportunity for stabilized rent growth in a rapidly increasingly up-and-coming area. The property offers 5459 +/- square feet of space on slightly under a 1/2 acre lot with ample parking for tenants and customers. This 100% occupied desirable mix of 11 studios, 1 three bedroom two bathroom unit, and 4 commercial units is a great investment due to all tenants being month-to-month. Don't miss out on this property that is located within minutes of downtown Atascadero's best restaurants and entertainment options.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$1,900,000

Sold December 2021 · listed $1,699,000, on market September 2021 · MLS #PI21217287 · Source: CRMLS

Listing Agent: Abel Contreras · Listing Office: Keller Williams Realty Central Coast · Contact: 805-773-7777 · Bought with: Ben Tilbury · Keller Williams Realty Central Coast

$1,900,000

Sold December 2021 · listed $1,699,000, on market September 2021 · MLS #PI21217280 · Source: CRMLS

Listing Agent: Abel Contreras · Listing Office: Keller Williams Realty Central Coast · Contact: 805-773-7777 · Bought with: Ben Tilbury · Keller Williams Realty Central Coast

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