5401 Capistrano Ave Atascadero, CA 93422
Estimated payment $6,774/month
Highlights
- Golf Course Community
- Community Lake
- No HOA
- Primary Bedroom Suite
- Main Floor Primary Bedroom
- Neighborhood Views
About This Home
Welcome to 5401 Capistrano Ave, a unique property in the heart of Atascadero, CA. This 4-unit residence offers an exceptional investment opportunity or an ideal living situation for those looking to establish their home in a vibrant community.
Sprawling across 2,724 square feet on an expansive 18,000 sq ft lot stands this impressive building. The main structure houses a triplex with the first floor featuring a spacious 2-bedroom unit complete with its own basement offering ample storage or potential additional living space. And 2 (1) bedroom units upstairs.
One of the standout features of this property is the detached 1-bedroom cottage that comes with its own large private yard tucked safely behind the main building and off the street. The property also boasts of a detached 4-car garage providing plenty of room for vehicles and additional storage.
Both the cottage and the garage have new roofs. On-site coin-operated laundry facilities further enhance the convenience and cash flow offered by this property.
The location is another big plus! Situated within walking distance to downtown Atascadero and Galaxy Theater, residents will enjoy easy access to a variety of dining, shopping, and entertainment options.
Atascadero itself is known for its rich history and natural beauty. From recreational parks to hiking trails, there's always something to do outdoors. It’s also home to top-rated schools and healthcare facilities adding to the overall quality of life here.
This property presents an excellent opportunity for investors looking to establish new rents or owner-occupiers seeking low downpayment options. With its unique features and prime location, 5401 Capistrano Ave truly stands as an attractive prospect in today's market.
Listing Agent
Acquire Mortgage & Real Estate Brokerage Phone: 760-402-0555 License #01936432 Listed on: 08/06/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918
Lot Details
- 0.41 Acre Lot
- 1 Common Wall
- Level Lot
- Back and Front Yard
Parking
- 4 Car Attached Garage
- 8 Open Parking Spaces
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,724 Sq Ft Home
- 2-Story Property
- Entryway
- Family Room
- Neighborhood Views
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Multi-Level Bedroom
- 5 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Urban Location
- Conventional Septic
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 028372028
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Community Lake
- Foothills
- Property is near a preserve or public land
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $1,075,000 | 0.0% | $395 / Sq Ft |
| 08/06/2025 08/06/25 | For Sale | $1,075,000 | -2.3% | $395 / Sq Ft |
| 05/26/2025 05/26/25 | Off Market | $1,100,000 | -- | -- |
| 01/31/2013 01/31/13 | Sold | $394,000 | -7.1% | $145 / Sq Ft |
| 11/26/2012 11/26/12 | Pending | -- | -- | -- |
| 11/12/2012 11/12/12 | For Sale | $423,900 | -- | $156 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25100493
APN: 028-372-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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