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Exceptional offering for developers, investors, or those seeking a multi-use property in one of the Atascadero's most prime locations. This spacious corner lot comes with approved plans to build eight 2-bedroom, 1-bathroom apartment units plus upstairs and downstairs laundry facilities behind the existing home"”an extraordinary opportunity to expand with ease. The plans and a bid package are in place, providing a seamless path to development. The front residence is a well-maintained 4-bedroom, 2-bathroom home, currently tenant-occupied and generating $3,600/month in rental income. Thoughtful updates throughout include dual-pane windows, laminate wood flooring, fresh stucco exterior, stamped concrete patio and walkways, and low-maintenance landscaping. An open-concept layout and modern finishes make this home both inviting and functional. Ideally located in West Atascadero, just moments from the Atascadero Lake, Charles Paddock Zoo, Stadium Park, Downtown Atascadero, and less than 15 minutes to the beach, local wineries, and all the charm of the Central Coast. Whether you're looking to build your real estate portfolio, create long-term rental income, or live onsite while developing"”truly a rare find! Schedule your showing today.
| Last Updated | 6/26/2025 | Tract | ATNorthwest(20) |
|---|---|---|---|
| Year Built | 1954 | Community | ATSC - Atascadero |
| County | San Luis Obispo |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | ATSC - Atascadero |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air |
| INTERIOR | Walk-In Closet(s) |
| LOT | 0.4069 acre(s) |
| LOT DESCRIPTION | Corner Lot, Sprinklers In Front, Sprinklers In Rear |
| PARKING | RV Access/Parking |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | ATNorthwest(20) |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| WATERFRONT DESCRIPTION | Lake |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/2/25 11:43 AM PDT 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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