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7740 Valle Avenue $645,000

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7740 Valle Avenue Atascadero, CA 93422

  • 6 Beds
  • 5 Baths
  • 2,897 sq.ft.
  • Single-Family
MLS# SP19172661 | Active

$645,000

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Days On Market: 57 0 Views
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Property Details

Incredible investment opportunity! This property was drawing $4,700 per month in rent which provides an unbelievable ROI in San Luis Obispo County. The upper house is welcoming with great views and potential as a family home, while the lower units could continue to be rentals, granny units, studios, or any number of uses. Verify with the city for any development potential. The primary house is a 3 bedroom, 2 bathroom with an office or bonus room converted from former garage space. There is still a single car garage and laundry room. The second building is lower on the property and divided into A and B units. Unit A is a 1 bedroom, 1 bathroom cottage with a bonus room and laundry room. Unit B is a 2 bedroom, 2 bathroom home with laundry area inside. The garage for the second dwelling is rented independently as well. Each unit has their own private driveway for access and there is abundant parking on the lower portion of the lot. All this sits on over an acre in a desirable rural Atascadero neighborhood. Property sold as-is.

  • General Features
    • Association Fee 0.00
    • Community Features Rural
    • County Or Parish San Luis Obispo
    • Number Of Units Total 1
    • Subdivision Name ATSoutheast(40)
    • Year Built 1977
  • Building Features
    • Cooling None
    • Fireplace Features None
    • Full Bathrooms 5
    • Laundry Features Washer Hookup
    • Living Area 2897.00
  • Property Features
    • Lot Size Acres 1.1
    • View Trees/Woods
    • Parking Total 2.00
    • Pool Private Y/N 0
    • Pool Features None

Contact

Kerry Sansone

Sales Associate

DRE #01491516

San Luis Obispo Office

Primary: 805-540-4040

Neighborhood

93422 (Atascadero) Demographics

40Median Age
550Population Density (per sq. mile)
44%College Educated
$71,002 Estimated Median Income
7,815Estimated Total Home Owners
4,711Estimated Total Renters
62% / 38%Estimated Owner / Renter Divide
3Estimated Average Household Size
33,270Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$514,950 Median Sales Price
36 Homes Sold
51 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $645,000
      8/28/2019 11:17:42 AM Price Reduced Source New Value: $645,000 -2.27%
      7/20/2019 5:20:00 PM New in Database Source New Value: $660,000

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      Based on information from California Regional Multiple Listing Service, Inc. as of 9/16/2019 12:51:28 PM. 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.