About 7116 7124 Sombrilla Ave
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.
Features of 7116 7124 Sombrilla Ave
| MLS® # | NS25175091 |
|---|---|
| Price | $1,775,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Acres | 0.41 |
| Year Built | 1975 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 7116 7124 Sombrilla Ave |
|---|---|
| Area | ATSC - Atascadero |
| Subdivision | None |
| City | Atascadero |
| County | San Luis Obispo |
| Zip Code | 93422 |
Amenities
| Parking | Unassigned |
|---|---|
| Garages | Unassigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Sprinkler System |
|---|
Additional Information
| Date Listed | July 30th, 2025 |
|---|---|
| Days on Market | 88 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Wendy Streshenkoff |
|---|---|
| Office | RE/MAX Parkside Real Estate |