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Investment Opportunity in South Atascadero! This unique property features four separate homes, each offering 816± sf with 2 bedrooms, 1 bathroom and an attached 1-car garage. With four existing rental units, this property offers an immediate opportunity for an investor looking to build a rental portfolio, while also providing flexibility for a variety of future uses. Continue renting all four homes, live in one while renting the others or create a multigenerational living compound for extended family. For investors looking toward future development, the property is zoned MF10 and may offer potential for additional residential development. Buyers are encouraged to contact the City of Atascadero to verify the property's zoning and explore development possibilities. Conveniently located on the south end of Atascadero, the property is close to shopping, restaurants and schools, with easy freeway access making commuting to work or school quick and convenient. A rare opportunity to acquire an income-producing property with multiple paths for both current use and future potential.
Property Type(s):
Residential Income
| Last Updated | 8/18/2026 | Tract | ATSouth(30) |
|---|---|---|---|
| Year Built | 1965 | Community | ATSC - Atascadero |
| Garage Spaces | 4.0 | County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Water Heater |
| AREA | ATSC - Atascadero |
| GARAGE | Yes |
| LOT | 0.52 acre(s) |
| LOT DIMENSIONS | 22651 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | ATSouth(30) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Malik Real Estate Group, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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