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$ 1,190,000
Est. payment | /mo
8 Beds
4 Baths
0.52 Acres Lot
$ 1,190,000
Est. payment | /mo
8 Beds
4 Baths
0.52 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Atsouth(30)
MLS Listing ID NS26181297
Bedrooms 8
Lot Size 0.520 Acres
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction Heading south on El Camino Real, turn right onto San Rafael Ct, property is on the left
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 045361026
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid
Listed by Michael Hanson, DRE#01994786 Malik Real Estate Group, Inc.