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$1,775,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 7116 7124 Sombrilla Ave

General

  • Price: $1,775,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: NS25175091
  • Updated: 12/4/2025
  • Days on Market: 166 days
  • Added to Site: 166 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Unassigned
  • Parking: Unassigned

Location

  • Area: ATSC - Atascadero
  • County: San Luis Obispo
  • Development Name: ATSC - Atascadero
  • Driving Directions: 41 to Santa Ysabel to Sombrilla

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: street
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,432
  • Year Built: 1975

Unit Information

Unit 1

  • Number of Units: 4
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,859.6
  • Lot Size Source: Public Records
  • Lot Description: Sprinkler System

Financial Considerations

  • Price Per Sq. Ft.: $517.19
  • Price Per Unit: 295833

Listed by RE/MAX Parkside Real Estate, Wendy Streshenkoff and RE/MAX Parkside Real Estate, Fred Bruen

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Listing agents

— 7116 7124 Sombrilla Ave —

  • Wendy Streshenkoff

    RE/MAX Parkside Real Estate

  • Fred Bruen

    RE/MAX Parkside Real Estate

805-835-3220

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7116 7124 Sombrilla Ave

School District:Atascadero Unified School District
NameGradesDistance
Santa Rosa Road Academic Academy
8655 Santa Rosa Road, Atascadero, CA 93422
K-51.6 mi
Atascadero Middle School
6501 Lewis Avenue, Atascadero, CA 93422
6-80.4 mi
Atascadero High School
1 High School Hill Road, Atascadero, CA 93422
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7116 7124 Sombrilla Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/04/2025
Listed
$1,775,000
195.83%
MLS
10/14/2014
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7116 7124 Sombrilla Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,307
8%
$721,104
2%
2023
$10,454
—
$706,965
2%
2023
$10,454
110%
$693,104
2%
2022
$4,971
-47%
$679,514
2%
2021
$9,441
4%
$666,191
1%
2020
$9,070
5%
$659,362
2%
2019
$8,654
4%
$646,434
2%
2018
$8,324
2%
$633,759
2%
2017
$8,183
2%
$621,333
2%
2016
$8,043
1%
$609,150
2%
2015
$7,937
175%
$600,000
255%
2014
$2,889
1%
$169,136
—
2013
$2,858
—
$168,372
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7116 7124 Sombrilla Ave

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Parkside Real Estate, Wendy Streshenkoff and RE/MAX Parkside Real Estate, Fred Bruen

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7116 7124 Sombrilla Ave, Atascadero, CA 93422 (MLS# NS25175091) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 7116 7124 Sombrilla Ave is currently listed for $1,775,000 and was received on August 04, 2025. Want to learn more about 7116 7124 Sombrilla Ave? Do you have questions about finding other Multi-Family real estate for sale in Atascadero? You can browse all Atascadero real estate or contact a Coldwell Banker agent to request more information.

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