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Explore Similar Apartments Within 10 Miles of Santa Margarita, CA

  • /72

    $1,075,000

    • 5 Beds
    • 5 Baths
    • 2,724 Sq Ft

    5401 Capistrano Ave, Atascadero, CA 93422

    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

    Levi Seligman Acquire Mortgage & Real Estate

    5401 Capistrano Ave, Atascadero, CA 93422
  • /23

    $1,775,000

    • 3 Beds
    • 2 Baths
    • 3,432 Sq Ft

    7116 7124 Sombrilla Ave, Atascadero, CA 93422

    Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. There are over 11

    Wendy Streshenkoff RE/MAX Parkside Real Estate

    7116 7124 Sombrilla Ave, Atascadero, CA 93422
  • /51

    $1,080,000

    • 6 Beds
    • 2,142 Sq Ft

    8740 El Camino Real Unit A, Atascadero, CA 93422

    Fully renovated historic triplex located in the heart of Atascadero, offering strong rental income potential and modern upgrades throughout. This turnkey property has been remodeled from the foundation up, featuring a re-engineered and reinforced foundation, new roof, updated siding, fresh interior and exterior paint, new dual-pane windows, wood laminate flooring, and new appliances. The property

    Susie Brans Richardson Sotheby's International Realty

    8740 El Camino Real Unit A, Atascadero, CA 93422
  • /39

    $3,450,000

    • 10 Beds
    • 10 Baths
    • 5,952 Sq Ft

    4900 San Palo Rd, Atascadero, CA 93422

    Offering Mission Cottages - A 100% occupied 12-unit multifamily complex with opportunity for stabilized rent growth. Average Rents for one-bedroom units are $1,866.36/month. Desirable mix of 11 one-bedroom one-bath units and 1 two-bedroom one-bath single-family residence home. Current cap rate above 5% and with some value add, investors can stabilize above a 6% cap rate. All units are fully

    Abel Contreras Invest SLO

    4900 San Palo Rd, Atascadero, CA 93422
  • /4

    $2,550,000

    • 5 Beds
    • 6 Baths
    • 41,884 Sq Ft

    2730 Mcmillan Ave, San Luis Obispo, CA 93401

    Welcome to 2730 McMillan! This 46-unit apartment project exemplifies one of the best opportunities to build modern apartment living in San Luis Obispo. Top of market community and apartment amenities provide residents a comfortable oasis. The property benefits from its location, less than a mile from downtown San Luis Obispo, giving residents the benefits of walking and biking to downtown. In

    Anthony Aurignac Venture Real Estate

    2730 Mcmillan Ave, San Luis Obispo, CA 93401

Why Live in Santa Margarita

Santa Margarita in San Luis Obispo offers a blend of residential charm and rural appeal. The neighborhood features a mix of three-bedroom bungalows and ranch-style homes built between 1950 and 2000, shaded by mature willow, cypress, and oak trees. These homes typically have vinyl siding, shingle roofs, and two-car garages. The area also includes the Santa Margarita Mobile Home Park with two-bedroom manufactured homes. Santa Margarita Community Park is a local highlight, featuring a Wild West-themed playground and picnic areas. Outdoor attractions include the East Cuesta Ridge Trail, about 5 miles south, and Santa Margarita Lake, 9 miles away, known for kayaking, camping, and fishing. Local businesses along El Camino Real, such as the Barn Antique Store and J’s Country Kitchen, add to the neighborhood's character. The Santa Margarita Ranch hosts annual events like the Best of the West Antique Equipment Show and "Christmas at the Ranch." El Camino Real is the main roadway, connecting to U.S. Route 101, with San Luis Obispo 10 miles south. Public transportation includes the Regional Transit Authority’s Route 9 bus. Santa Margarita Elementary, rated highly, is within the neighborhood, while Atascadero Middle and Atascadero High are about 10 miles north. The area has a low crime risk compared to the national average, making it a practical choice for families.

Home Trends in Santa Margarita, CA

Housing Trends

Median Sale Price
$730,000
Median Single Family Sale Price
$765,000
Average Price Per Sq Ft
$639
Number of Homes for Sale
2
Last 12 months Home Sales
8
Months of Supply
3.00
Median List Price
$765,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-2%
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