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Rare investment opportunity in central Atascadero: four single-family homes on two lots, with a lot split already underway that will put each home on its own legal parcel. The parcel map has been approved by the Planning Commission and the final map is in for city review. A buyer can finish the process and sell each home individually, or hold all four as a long-term rental portfolio. The homes are three 2-bedroom, 1-bath homes and one 3-bedroom, 2-bath home with a two-car garage. Three of the four are currently rented. The 3/2 has been recently renovated and is vacant, which makes it ideal for an owner-occupant who wants to live in one home and let the other three help cover the costs. The location is walkable to downtown Atascadero's restaurants, shops and events, and to the middle and high schools. Whether you want rental income now, value-add upside from selling homes individually later, or a house-hack with built-in income, this one offers flexibility that's hard to find.
| Last Updated | 10/23/2026 | Tract | ATNorthwest(20) |
|---|---|---|---|
| Year Built | 1950 | Community | ATSC - Atascadero |
| Garage Spaces | 4.0 | County | San Luis Obispo |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Range Hood, Refrigerator, Water Heater |
| AREA | ATSC - Atascadero |
| CONSTRUCTION | Block, Stucco, Wood Siding |
| EXTERIOR | Awning(s), Lighting, Rain Gutters |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Built-in Features, Ceiling Fan(s), Granite Counters |
| LOT | 0.4568 acre(s) |
| LOT DIMENSIONS | 19900 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Craftsman |
| SUBDIVISION | ATNorthwest(20) |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
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 10/25/26 7:34 PM 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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