8740 El Camino Real A, Atascadero, California 93422, Atascadero, 93422 - 0 bed, 0 bath
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Atascadero, California 93422
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.
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.
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.
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.
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.
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.
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.
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
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 50% |
| Baths | 0.0 | 3.0 | 50% |
| Square foot | 2,142 | 2,871 | 50% |
| Lot Size | 16,800 | 12,950 | 50% |
| Price | $1.08M | $1.02M | 50% |
| Price per sq ft | $504 | $386 | 50% |
| Built year | 1916 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 164 | 170 | 50% |
Nov 9, 2025
$1,080,000
Initial Listing
Mar 31, 2022
$1,005,000
Public Record
Feb 14, 2022
$1,000,000
Public Record
May 13, 2005
$625,000
Public Record
Nov 18, 2003
$345,000
Public Record
Sep 9, 1996
$16,000
Public Record