8740 El Camino Real A, Atascadero, California 93422, Atascadero, 93422 - bed, bath
8740 El Camino Real A
Atascadero, California 93422
Property Price
SUMMARY
Analysis of 8740 El Camino Real A, Atascadero, California 93422 is currently available with a list price of $1,080,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Atascadero Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite its 1916 origin, this historic triplex has undergone a comprehensive 'foundation-up' renovation within the last 5 years. The property features a re-engineered foundation, new roof, new siding, and dual-pane windows. Interiors are completely updated with new wood laminate flooring, fresh paint, and modern kitchens equipped with brand-new appliances, meeting the highest standards for turnkey condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovations
This 1916 historic property has been completely transformed with a re-engineered foundation, new roof, dual-pane windows, and updated systems, offering a turnkey investment with significantly reduced immediate capital expenditure.
- Diverse Revenue Streams
In addition to the three residential units, the property includes a leased gravel lot generating $1,000 per month in passive income, substantially enhancing the overall cash flow and capitalization rate.
- Prime Central Location
Located in the heart of Atascadero near downtown shopping and public transit, the property is perfectly positioned to attract high-quality tenants and maintain low vacancy rates in a high-demand area.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
Despite offering two and three-bedroom configurations, each unit only contains a single bathroom, which may limit the appeal for larger families or roommate situations.
- Shared Laundry Facilities
Units A and B must share a laundry area rather than having private in-unit hookups, which can be a competitive disadvantage compared to more modern multi-family developments.
About 8740 El Camino Real A
Fully renovated historic triplex located in the heart of Atascadero, offering strong rental income potential and modern upgrades throughout. This turnkey property has been remodeled from the foundation up, featuring a re-engineered and reinforced foundation, new roof, updated siding, fresh interior and exterior paint, new dual-pane windows, wood laminate flooring, and new appliances. The property includes three residential units: Unit A is a 3-bedroom, 1-bath with full kitchen (projected rent $2,600/month); Unit B is a 1-bedroom, 1-bath with full kitchen (projected rent $1,800/month); and Unit C, located upstairs, is a 2-bedroom, 1-bath with full kitchen (projected rent $2,200/month). Each unit has designated parking and its own locking storage closet. There is a shared laundry area for Units A and B, while Unit C offers washer/dryer hookups. Additional amenities include guest parking and an income-producing gravel lot at the rear of the property, currently leased to a neighboring business for $1,000/month. Prime location near downtown, shopping, and public transit
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1916
- Lot Size
- 16,800 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 50% |
| Baths | - | 1.0 | 50% |
| Square foot | 2,142 | 1,828.5 | 50% |
| Lot Size | 16,800 | 9,470 | 75% |
| Price | $1.08M | $800.0K | 50% |
| Price per sq ft | $504 | $368 | 75% |
| Built year | 1916 | 1995 | 25% |
| HOA | $0 | $50 | 50% |
| Days on market | 118 | 189 | 25% |
Pricing History
Listed for Sale
Nov 9, 2025
$1,080,000
Initial Listing
Sold
Mar 31, 2022
$1,005,000
Public Record
Sold
Feb 14, 2022
$1,000,000
Public Record
Sold
May 13, 2005
$625,000
Public Record
Sold
Nov 18, 2003
$345,000
Public Record
Sold
Sep 9, 1996
$16,000
Public Record