$731,500
SOLD APR 30, 2026

5401 Capistrano Ave Atascadero, CA 93422

5 Beds
5 Baths
2,724 Sq Ft
0.41 Acres Lot

Sale Details

Date Sold: April 30, 2026

$269 Per Sq Ft

32% Below List Price

175 on Market

Highlights

  • Golf Course Community
  • Community Lake
  • No HOA
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Neighborhood Views

About This Home

As of April 2026

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 a detached barn providing potential for added value in the future. 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.

Last Agent to Sell the Property

Levi Seligman

Acquire Mortgage & Real Estate Brokerage Phone: 760-402-0555 License #01936432 Listed on: 08/06/2025

Last Buyer's Agent

Levi Seligman

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

  • 18,000 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Back and Front Yard

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

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0.41 Acres

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MF10
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 028372028
  • Year Built: 1918
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2724.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 268.54
  • Room Type: Primary Bedroom, Entry, Laundry, Basement, Main Floor Primary Bedroom, Multi-Level Bedroom, Kitchen, Main Floor Bedroom, Family Room, Primary Suite, Primary Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Common Area
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Horse Trails, Golf, Biking, Dog Park, Hiking, Foothills, Lake, Street Lights, Urban, Storm Drains, Preserve/Public Land, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Front Yard, Back Yard
  • Lot Size Sq Ft: 18000.00
  • Lot Size Acres: 0.4132

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18000.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 125.02
  • Tax Lot: 50
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Sold $731,500 -20.7% $269 / Sq Ft
12/12/2025 12/12/25 Price Changed $922,000 -7.3% $338 / Sq Ft
09/29/2025 09/29/25 Price Changed $995,000 -7.4% $365 / Sq Ft
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 +47.0% $395 / Sq Ft
05/26/2025 05/26/25 Off Market $731,500 -- --
01/31/2013 01/31/13 Sold $394,000 -7.1% $145 / Sq Ft View Prior Sale
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)

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 $5,285 $485,172 $221,651 $263,521
2024 $5,283 $475,659 $217,305 $258,354
2023 $5,283 $466,334 $213,045 $253,289
2022 $5,218 $457,191 $208,868 $248,323
2021 $5,116 $448,227 $204,773 $243,454
2020 $5,063 $443,632 $202,674 $240,958
2019 $4,964 $434,934 $198,700 $236,234
2018 $4,867 $426,406 $194,804 $231,602
2017 $4,771 $418,046 $190,985 $227,061
2016 $4,677 $409,850 $187,241 $222,609
2015 $4,606 $403,695 $184,429 $219,266
2014 $4,207 $395,788 $180,817 $214,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25100493

California Regional Multiple Listing Service (CRMLS)

APN: 028-372-028

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