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Prime Multi-Family lot with rented 3-bedroom home – A Great Investment Opportunity! Welcome to this spacious .47-acre multi-family lot, featuring a well-maintained 3-bedroom, 2-bathroom home that is currently rented long-term for $3,500/month. This charming home boasts an open kitchen and dining area, perfect for both comfortable living and entertaining. Located in a desirable area, this property is zoned for multi-family development, with the potential to add 7-8 units, this lot offers a fantastic opportunity for investors or developers looking for a property with future growth potential. The existing tenants are happy in their home and would love to continue renting, providing you with immediate rental income while you explore the potential for expansion. Whether you're looking for a property with steady cash flow or a site with the ability to be maximized for future development, this is the perfect opportunity to make your mark in the real estate market. Don’t miss out on this rare find property with a lot of potential in the future.
Property Type(s):
Single Family
| Last Updated | 4/4/2025 | Tract | ATSoutheast(40) |
|---|---|---|---|
| Year Built | 1985 | Community | Atascadero |
| Garage Spaces | 2.0 | County | San Luis Obispo |
SCHOOLS
| School District | Atascadero Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Atascadero |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Bedroom on Main Level, Main Level Primary |
| LOT | 0.47 acre(s) |
| LOT DESCRIPTION | 16-20 Units/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | ATSoutheast(40) |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | RMF-16 |
Location
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Listed with The Real Estate Company of Cambria
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.
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