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Closed
- Listed price
- $1,670,000
- Listed Sep 24, 2019
- Sold price
- $1,750,000
- Sold Nov 27, 2019
60,113 sqft lot|1956 Built|15 MLS days on market
7500 Portola Rd, Atascadero, CA 93422
Property Description
This project is a senior care home memory care facility, that was built from a 1956 building that used to be a daycare center. It has a new conditional use permit from the City of Atascadero. there is currently a 10 year lease in place with a lessee that has been running Senior care facilities in Atascadero for the last 20yrs. It is a triple net net lease. All expenses are paid by the tenant and it is grossing 10,574.00/mo. The first three months are an introductory rate of 6500.00 for the tenant to get up and running. There are monthly CAM fees of 2267.00 which are for property taxes and expensis. This amount can be adjusted as needed to pay for the maintenance of the facility. The structure is 4000sf upstairs and a 600sf basement for storage or office space. The structure has been completely renovated and brought up to current 2019 codes, and is ADA compliant as required.
Listing agent: Thomas CarterDRE #01723854pacrimconstruction@gmail.com, Listing office: The Real Estate Office
MLS data updated 11/2/2026, 8:16:35 AM PT
Source: CRMLSMLS #: SP19227595
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,750,000
Nov 27, 2019
Available records32019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 93422 · Nov 2026
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ZIP 93422 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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