5401 Capistrano Avenue Atascadero, CA $ 922,000
5401 Capistrano Avenue
$ 922,000
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5401 Capistrano Avenue

Atascadero, CA, 93422
$ 922,000
Bedrooms5 Baths5.0 Sq 2,724

Monthly Estimate*

$ 5,752

Listed by Acquire Mortgage & Real Estate
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Multi-Family Home for sale in Atascadero, CA

for $922,000 with 5 bedrooms and 5 full baths. This 2,724 square foot home was built in 1918 on a lot size of 0.4132.

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.

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Multi-Family Active

Price

$ 922,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4132

Year Built

1918

Town/City

Atascadero

County/Region

San Luis Obispo

MLS | Web ID

SC25100493

Days on Market

238

Features
General
Living Area 2724
Sewer Septic Tank
Cooling None
Zoning MF10
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1918
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Biking Dog Park Foothills Golf Gutter(s) Hiking Horse Trails Lake Park Preserve/Public Land Storm Drain(s) Street Lights Sidewalks Urban
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Full Baths 5
Special Listing Conditions Standard
Status Active
Directions 101 N EXIT 219 LEFT ON EL CAMINO RT ON CA-41 LFT ON CAPISTRANO .5MI ON RT
City Atascadero
Entry Location 1 and 2
Senior Community Y/N false
High School District Atascadero Unified
Open Parking Spaces 8
Number Of Units Total 4
MLS Area ATSC - Atascadero
Lot Size Units Square Feet
Lot Size Square Feet 18000
Listing Terms Cash Cash to New Loan Conventional Cal Vet Loan 1031 Exchange FHA Fannie Mae Freddie Mac Government Loan Owner Pay Points USDA Loan VA Loan
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.zillow.com/view-3d-home/fbe00c19-1bfe-4ea2-9685-cc6dcf077da6?setAttribution=mls&wl=true&utm_source=dashboard https://www.zillow.com/view-3d-home/fbe00c19-1bfe-4ea2-9685-cc6dcf077da6
Structure Type Quadruplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Tax Lot 50
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Bedroom on Main Level Main Level Primary Primary Suite
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Basement (Y/N) true
Air Conditioning Y/N false
Fireplace Y/N false
Laundry Features Common Area Washer Hookup Gas Dryer Hookup
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 3
Total Baths 5
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Exterior
Lot Features Back Yard Front Yard Level Street Level
Total Parking 8
Lot Size Area 18000
Lot Size Acres 0.4132
Private Pool false
Lot Size Source Assessor
Horse Amenities Riding Trail
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* Excluded Features
List By
Acquire Mortgage & Real Estate

Broker

levi@acquireslo.com

Email

Affordability Calculator

$5,752
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Monthly Principal & Interest
$5,752
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$922,000 -7.34% Price Down
11/28/2025$995,000 Listed Price

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5401 Capistrano Avenue, Atascadero, CA, 93422 is a Multi-Family Home for sale at $922,000 with 2,724 sqft and a lot size of 0.4132. 5401 Capistrano Avenue has 5 bedrooms, 5.0 baths, and was built in 1918. The property's zip code is 93422 which is in Atascadero, CA