$575,000

5285 Capistrano Avenue, Atascadero, CA 93422

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,501sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Fantastic investment opportunity in the heart of Atascadero! Ideal for investors, contractors, or buyers looking to live in one unit while generating income from the other. Situated on a 7,500 sq. ft. lot, this property features two separate units, each with its own private yard. Unit A offers approximately 928 sq. ft. with 2 bedrooms and 1 bath. Built in 1959, it is in original condition and ready for a full remodel. Features include a spacious living room, separate kitchen with a brand-new stove, indoor laundry room with hookups, built-in hallway and bathroom storage, and a private backyard with covered patioan excellent opportunity to add significant value. Unit B offers approximately 600 sq. ft. and is a remodeled 1-bedroom, 1-bath unit (legally converted garage). Upgrades include new laminate flooring, a fully updated bathroom with new shower, vanity, and toilet, and a brand-new kitchen with cabinets, countertops, stove, and sink. Additional improvements include new lighting, a new gas line, new plumbing, and a brand-new mini-split system providing efficient heating and air conditioning. Laundry hookups are located in the workshop, and the unit also features its own private backyard. Both units feature new roofs, providing added peace of mind and long-term value. Located within walking distance to downtown Atascadero, this property offers convenience, flexibility, and excellent upside potential. Dont miss this rare opportunity!

Listing Status:
Pending
Date Added:
March 29, 2026
Data Last Updated:
April 16, 2026 at 7:11AM
Listing Office:
Attune Real Estate : 805-423-8846
Listing Agent:
Lauri Strain : 805-423-8846
MLS ID:
NS26065826
  • A/C: Other/Remarks
  • Heating: Floor FurnaceOther/Remarks
  • General: N/K
  • Pool: N/K
  • General: StuccoWood1 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: San Luis Obispo
  • Zoning: Assessor028352020
  • Source: California Regional MLS

This listing courtesy of Lauri Strain , Attune Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fine Arts Academy

6100 Olmeda Ave, Atascadero, CA, 93422

Grades 4-8

0.50 miles away

A

Atascadero Middle School

6501 Lewis Ave, Atascadero, CA, 93422

Grades 6-8

0.49 miles away

A

Atascadero High School

1 High Sch Hill, Atascadero, CA, 93422

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.