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Prime Multi-Family lot with rented 3-bedroom home – A Great Investment Opportunity! Welcome to this spacious .47-acre multi-family lot, featuring a well-maintained 3-bedroom, 2-bathroom home that is currently rented long-term for $3,500/month. This charming home boasts an open kitchen and dining area, perfect for both comfortable living and entertaining. Located in a desirable area, this property is zoned for multi-family development, with the potential to add 7-8 units, this lot offers a fantastic opportunity for investors or developers looking for a property with future growth potential. The existing tenants are happy in their home and would love to continue renting, providing you with immediate rental income while you explore the potential for expansion. Whether you're looking for a property with steady cash flow or a site with the ability to be maximized for future development, this is the perfect opportunity to make your mark in the real estate market. Don’t miss out on this rare find property with a lot of potential in the future.
Last Updated | 4/4/2025 | Tract | ATSoutheast(40) |
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Year Built | 1985 | Community | Atascadero |
Garage Spaces | 2.0 | County | San Luis Obispo |
SCHOOLS
School District | Atascadero Unified |
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Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Atascadero |
FIREPLACE | Yes |
GARAGE | Yes |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down, Bedroom on Main Level, Main Level Primary |
LOT | 0.47 acre(s) |
LOT DESCRIPTION | 16-20 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | ATSoutheast(40) |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | RMF-16 |
Location
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