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    11145-11215 El Camino Real Atascadero, CA 93422

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    For Sale
    $7,595,000

    64-unit apartment complex with garages and pool in Atascadero, CA.

    Property size:
    62,548 SF

    Property Features for 11145-11215 El Camino Real

    General Information

    Size
    62,548 SF

    Building Details

    Year built
    1985

    Source: Kevin King BRE#01932713 Agent Kevin King BRE#01932713

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Atascadero Apartment Complex For Sale

    This garden walk-up style apartment complex is located in south Atascadero, California, and features convenient access to HWY 101. The property is situated on a 170,000 square foot parcel and includes 64 two-bedroom units, each measuring 900 square feet. There are 65 detached single-car garages, one multipurpose office/laundry/storage building, and two storage sheds. The location provides easy access to major cities and employers in San Luis Obispo County, including Atascadero State Hospital, California Men's Colony, Camp San Luis Obispo, Camp Roberts, Cal Poly, Cuesta College, Twin Cities Hospital, and Sierra Vista Hospital. The property includes amenities such as garages and a pool. Utilities are individually metered, including water.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atascadero
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6396629
    Latitude
    35.4556662

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    FAQs

    What type of property is this?
    Apartment building - 64-unit apartment complex with garages and pool in Atascadero, CA.
    Where is this apartment building located?
    The property is located at 11145-11215 El Camino Real Atascadero, CA.
    What is the asking price?
    The asking price for this property is $7,595,000.
    What are key features of this property?
    This property features: - Large 2-bedroom units with a waiting list, indicating high demand.; - Individually metered utilities, including water, reducing operating expenses.; - Easy freeway access to HWY 101, providing quick transit to major cities and employers in San Luis Obispo County.
    (805) 801-0176
    Request Owner's contact information
    11145-11215 El Camino Real Atascadero, CA 93422
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    Atascadero, CA 93422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11145-11215 El Camino Real Atascadero, CA 93422
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