
Atascadero, California 93422
This Well-Maintained Quadruplex Asset is listed at $1,350,000, representing a stable residential income opportunity near the $1,277,890 Fair Market Value. Boasting a Condition Rating of 3, the property features a diverse unit mix with vaulted ceilings, private patios, and an exceptional 13 parking spaces. Located within the Atascadero Unified district, the vacant unit offers immediate "house hack" potential for buyers. This turnkey multi-family property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs with consistent rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7520 Sombrilla Subject | $1,350,000* List Price | 10 | 6 | 2,340 | $546 | - |
A 8740 El Camino Real A Active | $1,080,000 List Price | 0 | 0 | 2,142 | $504 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1974 quadruplex is exceptionally well-maintained and move-in ready. It features several key updates including roofs that are approximately seven years old and newer flooring in three of the four units. While the kitchen cabinetry and bathroom fixtures reflect an older style consistent with the era of construction, they are clean and fully functional with a complete set of appliances in each unit. The property shows pride of ownership with attractive landscaping and well-kept common areas, requiring no immediate major renovations for occupancy.
With Unit C delivered vacant by February 1st, this property is ideal for an owner-user looking to utilize residential financing while offsetting their mortgage with rental income from the other three units.
The property offers a desirable mix of two and three-bedroom units featuring vaulted ceilings, private patios, and in-unit laundry, which appeals to a wide range of long-term tenants.
The inclusion of 13 parking spaces and two oversized shared storage units provides a significant competitive advantage over typical multi-family properties, enhancing tenant satisfaction and value.
Built in 1974, the property may eventually require updates to original infrastructure, such as plumbing or electrical systems, despite the newer roof and cosmetic flooring upgrades.
The large common backyard and courtyard-style entry require consistent oversight and maintenance to ensure tenant harmony and preserve the property's aesthetic appeal.
This desirable and well-maintained 4-plex is located less than two miles from El Camino Real in a quiet, low noise setting. The property consists of two buildings totaling approximately 4,300 square feet, plus two oversized shared storage units. Fully fenced with attractive landscaping, wide sidewalks, and a welcoming courtyard-style entry. The property offers four thoughtfully designed units with vaulted ceilings, ceiling fans, private patios / decks, and newer flooring in three units. All units include full bathrooms and appliances including refrigerator, dishwasher, stove / oven, microwave and washer / dryer (one set excluded). Roofs are approximately seven years old. Unit mix includes: • (1) 2-story 3BD/2BA (~1,300 SF) • (1) 2-story 3BD/1BA (~1,100 SF) • (2) 1-story 2BD/1BA (~950 SF each) Additional highlights include 13 parking spaces and a large common backyard with lawn and recreation area. Units A, B, and D are tenant-occupied with renters wishing to stay, while Unit C will be delivered vacant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 8.0 | 50% |
| Baths | 6.0 | 6.0 | 50% |
| Square foot | 2,340 | 2,970 | 50% |
| Lot Size | 22,549 | 15,824.5 | 50% |
| Price | $1.35M | $1.16M | 50% |
| Price per sq ft | $577 | $422 | 50% |
| Built year | 1974 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 129 | 50% |
Mar 14, 2026
$1,350,000
$1,400,000
-4% Price Drop
Initial Listing
Jan 29, 2026
$1,400,000
Initial Listing
Apr 12, 2017
$646,500
Public Record