$1,100,000
UNDER CONTRACT

5340 Palma Ave Atascadero, CA 93422

Estimated payment $6,402/month

Total Views 3,916
8 Beds
-- Bath
4,084 Sq Ft
$269 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Neighborhood Views
  • Front Yard

About This Home

BEAUTIFUL RENOVATION POSSIBILITIES! Atascadero Colony home with three additional single story units on over a third of an acre. The main house is over 1200 square feet with two bedrooms and one bath. The units were built in 1986 and are 960 square feet each with two bedrooms and one and three-quarter baths each. This property has so much to offer, is a wonderful investment opportunity, plus it's located close to beautiful downtown Atascadero. Call your favorite Realtor and make plans to see it today.

Listing Agent

Linda Hamilton

ACADEME REAL ESTATE Brokerage Phone: 805-610-7306 License #01112747 Listed on: 02/02/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 0.39 Acre Lot
  • Front Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,084 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Unit 1 Bathroom: 0

Parking

  • Parking Available
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 4 Units
  • Atsoutheast Subdivision

Listing and Financial Details

  • Legal Lot and Block 41 / RA
  • Assessor Parcel Number 029312005

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: ATSoutheast(40)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 029312005
  • Year Built: 1915
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 269.34
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 17150.00
  • Lot Size Acres: 0.3937

Multi Family

  • Lot Size Area: 17150.0000 Square Feet
  • Number Of Units Total: 4
  • Other Expense Description: unknown
  • Other Income Description: units vacating
  • Rent Control: No

Tax Info

  • Tax Block: RA
  • Tax Lot: 41

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,768 $501,758 $180,809 $320,949
2024 $6,766 $491,920 $177,264 $314,656
2023 $6,766 $482,276 $173,789 $308,487
2022 $6,491 $472,821 $170,382 $302,439
2021 $6,210 $463,551 $167,042 $296,509
2020 $6,010 $458,799 $165,330 $293,469
2019 $5,773 $449,804 $162,089 $287,715
2018 $5,580 $440,985 $158,911 $282,074
2017 $5,481 $432,340 $155,796 $276,544
2016 $5,384 $423,864 $152,742 $271,122
2015 $5,310 $417,498 $150,448 $267,050
2014 $4,898 $409,320 $147,501 $261,819
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2026 02/02/26 For Sale $1,100,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS26023953

California Regional Multiple Listing Service (CRMLS)

APN: 029-312-005

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