REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listed by Michael Hanson, DRE #01994786 • Malik Real Estate Group, Inc.
$ 1,190,000
Est. payment | /mo
8 Beds
4 Baths
3,264 SqFt
$ 1,190,000
Est. payment | /mo
8 Beds
4 Baths
3,264 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $364
MLS Listing ID CRNS26180075
Bedrooms 8
Full Baths 4
Year Built 1965
Lot Size 0.520 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
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.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Rooms
Dining Room In Kitchen, Other
Interior
Cooling None
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool 31, None
View Local/Neighborhood
Building
Story One Story
Water Hot Water, District - Public
Others
Tax ID 045361026
Special Listing Condition Court Confirmation May Be Required

Copyright 2026 MLSListings Inc All rights reserved.

LET'S GO TOUR HOMES TODAY!






