7116 7124 Sombrilla Ave Atascadero, CA ^$ 1,775,000

7116 7124 Sombrilla Ave

^$ 1,775,000

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7116 7124 Sombrilla Ave

Atascadero, CA, 93422

^$ 1,775,000

Studio Baths1.0 Sq 3,432

Monthly Estimate*

^$ 11,074

Listed by RE/MAX Parkside Real Estate

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7116 7124 Sombrilla Ave, Atascadero, CA 93422 - Image 8

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Studio

Multi-Family Home for sale in Atascadero, CA

for $1,775,000 with 1 full bath. This 3,432 square foot home was built in 1975 on a lot size of 0.41.

Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. There are over 11 parking spaces available. Seller pays water and trash, tenants cover other utilities. With minimal expenses and very little maintenance required this is a wonderful investment at a cap rate of 5.9%. P & L and rent roll available upon request. Call your realtor today, deals this good don't come along very often.

Multi-Family Active

Price

^$ 1,775,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.41

Year Built

1975

Town/City

Atascadero

County/Region

San Luis Obispo

MLS | Web ID

NS25175091

Days on Market

152

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1975

Tenant Pays Cable TV Electricity Gas

Stories Count 1

Levels One

Property Subtype Apartment

Gross Income 0

Community Features Sidewalks

County San Luis Obispo

Net Operating Income 105163

Operating Expense 17897

Insurance Expense 0

New Construction false

Property Type Residential Income

HOA false

Contingency 1031 Exchange

Subdivision Name None

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 41 to Santa Ysabel to Sombrilla

City Atascadero

Entry Location street

Senior Community Y/N false

Number Of Units Total 6

MLS Area ATSC - Atascadero

Lot Size Units Acres

Lot Size Square Feet 17859.6

Number of Units Leased 6

Listing Terms 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 4418

Water Sewer Expense 2100

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Total Actual Rent 10255

Property Sub Type Additional Apartment

Cap Rate 5.9

Interior

Fireplace Features None

Total Stories 1

Common Walls 2+ Common Walls No One Above

Fireplace Y/N false

Laundry Features Common Area

Entry Level 1

Exterior

Parking Features Unassigned

Lot Features Sprinkler System

Water Source Public

Total Parking 0

Lot Size Area 0.41

Number of Buildings 2

Building Area Total 3432

Lot Size Acres 0.41

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Re/Max Parkside Real Estate

Broker

windwend@gmail.com

Affordability Calculator

$11,074

Per Month

Monthly Principal & Interest: $11,074
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Atascadero, CA

Average List Price ^$1,229,625

Percent of Sale Price 31%

About Atascadero, CA

30,195 Population

13% Since 2002

^$71,523 Median Income

41.39 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,775,000		Listed Price

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7116 7124 Sombrilla Ave, Atascadero, CA, 93422 is a Multi-Family Home for sale at $1,775,000 with 3,432 sqft and a lot size of 0.41. 7116 7124 Sombrilla Ave is a studio with 1.0 baths and was built in 1975. The property's zip code is 93422 which is in Atascadero, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/29/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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7116 7124 Sombrilla Ave

Multi-Family Home for sale in Atascadero, CA

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