7185 Santa Ysabel Avenue
7185 Santa Ysabel Avenue
Description
2 SFR's currently on the property both leased. The property includes a two-bed home, and a separate one bedroom home. The lot offers 17,000+ sq ft, approximately 1/2 acre - zoning permits between 9-18 units depending on the proposed size of each...Calling all developers and investors -7185 Santa Ysabel - Multifamily development opportunity - Build 9-18 units check with city This property presents a fantastic opportunity multifamily development - Zoned MF24 - the highest density zoning in Atascadero.
2 SFR's currently on the property both leased. The property includes a two-bed home, and a separate one bedroom home. The lot offers 17,000+ sq ft, approximately 1/2 acre - zoning permits between 9-18 units depending on the proposed size of each unit. check with city. This unique offering boasts a combination of a 2 single family homes already generating income, perfect to offset holding costs during planning and permitting. Prime Location:
Situated in the heart of town, is walking distance from from shopping, dining, and all the amenities the Atascadero has to offer.
- Listed by Abel Contreras • DRE #02062620 • Brokerage DRE #02014153 • Invest SLO • 805-709-7143
Property Details for 7185 Santa Ysabel Avenue
Location
Property Details for 7185 Santa Ysabel Avenue
| Status | Active |
|---|---|
| MLS # | PI23136905 |
| Days on Market | 275 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1949 |
| County | San Luis Obispo County |
Location
Building Information for 7185 Santa Ysabel Avenue
Payment Calculator
$6,108 per month
30 year fixed, 7.25% Interest
$6,003
$105
$0
Property Information for 7185 Santa Ysabel Avenue
- Tenant Pays: Cable TV, Electricity, Gas
- Gross Income: $36,000
- Gross Scheduled Income: $36,000
- Net Operating Income: $36,000
- Other Income Description: under market rents - both MTM
- Current Financing: None
- Operating Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $0
- Tax Block: KA
- Tax Census Tract: 125.02
- CFD/Mello-Roos Fee: $0
- Tax Lot: 6
- Accessibility Features: 32 Inch Or More Wide Doors
- Disability Access: 32 inch or more wide doors
- Assessments YN: No
- Assessments: None
- Community Features: Curbs, Street Lights, Suburban
- Investment Property: Yes
- Appliances: None, High Efficiency Water Heater, Range Hood
- Equipment: Garage, Gas Or Electric Dryer Hookup, None, Washer Hookup
- Room Type: All Bedrooms Down, Kitchen, Laundry
- Bedroom Features: All Bedrooms Down
- Laundry: Yes
- Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Evaporative Cooling, Wall/Window Unit(s)
- Heating Type: Floor Furnace, Natural Gas
- Heat Source: Natural Gas
- Heating: Floor Furnace, Natural Gas
- Heat Equipment: Floor Furnace
- Flooring: Wood
- Security Features: Fire and Smoke Detection System, Smoke Detector(s)
- Construction Materials: Metal Siding
- Exterior Construction: Metal Siding
- Exterior: Metal
- Exterior Features: Awning(s)
- Roof: Composition
- Entry Location: 1
- Foundation Details: Concrete Perimeter, Slab
- Other Structures: Guest House Detached
- Miscellaneous: Value in Land
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 26-30 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street, Value In Land
- Current Use Comments: 2 single family homes
- Land Use: Multi-Family
- Lease Considered: No
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Topography: Level
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Available, Water Connected
- Electric: Electricity - On Property
- Water Source: Public
- Garage Spaces: 2
- Parking: Yes
- Parking Garage: Direct Entrance, Driveway, Garage, Garage - 1 Car
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Single Door
- Builders Tract Name: ATNortheast
- Builders Tract Code: ATNortheast(10)
- Building Status: Existing
- Asset Class: Land/Unimproved, Multi-Family
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,000
- Unit Type Total Rent: $2,000
- Unit Type Pro Forma: 2850
- Unit Type Area: 1208
- Unit Type Area Units: Square Feet
- Unit Type Type: 1
- Unit Type Description: 2 bed home
- 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 Garage Attached: No
- Unit Type Actual Rent: $1,000
- Unit Type Total Rent: $1,000
- Unit Type Pro Forma: 1950
- Unit Type Area: 1000
- Unit Type Area Units: Square Feet
- Unit Type Type: 2
- Unit Type Description: 1 bed home
- Number Of Units Leased: 2
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 7185 Santa Ysabel Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7185 Santa Ysabel Avenue
Schools near 7185 Santa Ysabel Avenue
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.
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Listing Courtesy of Invest SLO, Abel Contreras, DRE #02062620
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