9110 Montecito Avenue

Atascadero, CA 93422

$2,675,000
Price
15
Beds
10
Baths
7,430 Sq. Ft.
$360 / Sq. Ft.
7,430
Sq. Ft.
$360
per Sq. Ft.

Description

Rare opportunity to own a well maintained 10 unit apartment complex in a convenient Atascadero location! Nine 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit with on site laundry for tenant convenience and additional owner income. Large lot with 21 parking spaces and spacious front and backyard community space. Complex is professionally managed and has been well maintained with newer water heaters, heaters and AC systems. Check with City on the potential for additional units! Please do not...Rare opportunity to own a well maintained 10 unit apartment complex in a convenient Atascadero location! Nine 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit with on site laundry for tenant convenience and additional owner income. Large lot with 21 parking spaces and spacious front and backyard community space. Complex is professionally managed and has been well maintained with newer water heaters, heaters and AC systems. Check with City on the potential for additional units! Please do not disturb tenants. All information has been deemed reliable, but not verified.
  1. Listed by Monica King • DRE #01229478 • Brokerage DRE #01935192 • BHGRE HAVEN PROPERTIES • 805-550-0603
  2. Listed by Kate Hendrickson • DRE #01730943 • Brokerage DRE #01935192 • BHGRE HAVEN PROPERTIES

Property Details for 9110 Montecito Avenue

Parking Spaces Total
21
Private Pool
No
Cooling Type
Central Forced Air
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7430
Assessor Parcel Number
030482003

Location

Listing Courtesy of BHGRE HAVEN PROPERTIES, Monica King, DRE #01229478; BHGRE HAVEN PROPERTIES, Kate Hendrickson, DRE #01730943
Add your commute
LISTING UPDATED: 05/24/2024 01:29 AM

Property Details for 9110 Montecito Avenue

StatusActive
MLS #SC24092958
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
CountySan Luis Obispo County

Location

Listing Courtesy of BHGRE HAVEN PROPERTIES, Monica King, DRE #01229478; BHGRE HAVEN PROPERTIES, Kate Hendrickson, DRE #01730943
Add your commute

Building Information for 9110 Montecito Avenue

Building/Complex9110 Montecito AveFloor-Stories2Residences-Pet Policy-Year Built1977Building Size-

Payment Calculator

$14,599 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,599

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9110 Montecito Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $165,702
  • Gross Scheduled Income: $165,702
  • Net Operating Income: $77,429
  • Laundry Income: $3,185
Expense Details
  • Operating Expense: $88,273
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $12,040
  • Trash Expense: $5,217
  • Water Sewer Expense: $3,320
  • Total Expenses: $88,273
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 38
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Appliances: Electric Range, Disposal, Refrigerator
  • Equipment: Laundry Area, Refrigerator, Room
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Roof: Composition
  • Entry Location: Side
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Level
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Private
  • Uncovered Spaces: 21
  • Open Other Spaces Total: 21
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Paved, On Site, Private
Property / Structure Info
  • Builders Tract Name: ATSoutheast
  • Builders Tract Code: ATSoutheast(40)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,080
  • Unit Type Total Rent: $1,080
  • Unit Type Pro Forma: 1150
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,391
  • Unit Type Total Rent: $1,391
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,396
  • Unit Type Total Rent: $1,396
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,230
  • Unit Type Total Rent: $1,230
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $909
  • Unit Type Total Rent: $909
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Number With Disposal: 10

Property History for 9110 Montecito Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 9110 Montecito Avenue

This home is within Atascadero Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 8
Rating
School
Distance
Santa Rosa Road Academic Academy
PublicK to 5

Atascadero Middle School
Public6 to 8

Atascadero High School
Public9 to 12

Fine Arts Academy
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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9110 Montecito Avenue is a multi-family home for sale in Atascadero, CA 93422. This property was listed for sale on May 10, 2024 by BHGRE HAVEN PROPERTIES, it's currently listed at $2,675,000. This listing's school district is Atascadero Unified School District. Nearby schools include Santa Rosa Road Academic Academy, Atascadero Middle School and Atascadero High School. 9110 Montecito Avenue is a 15-bed, 10-bath, 7,430 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHGRE HAVEN PROPERTIES, Monica King, DRE #01229478; BHGRE HAVEN PROPERTIES, Kate Hendrickson, DRE #01730943

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