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 of a detached 4-car garage providing plenty of room for vehicles and additional storage.
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.
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 of a detached 4-car garage providing plenty of room for vehicles and additional storage.
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.
Current real estate data for Single Family in Atascadero as of Aug 14, 2025
84
Single Family Listed
94
Avg DOM
481
Avg $ / SqFt
$980,058
Avg List Price
Property Details
Price:
$1,075,000
MLS #:
SC25100493
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
atscatascadero
Listed Date:
May 6, 2025
Finished Sq Ft:
2,724
Lot Size:
17,860 sqft / 0.41 acres (approx)
Year Built:
1918
Schools
School District:
Atascadero Unified
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Biking, Dog Park, Foothills, Golf, Hiking, Gutters, Lake, Horse Trails, Park, Preserve/ Public Land, Sidewalks, Storm Drains, Street Lights, Urban
Garage Spaces
4.00
Lot Features
Back Yard, Front Yard, Level with Street, Level
Parking Spots
12.00
Pool Features
None
Sewer
Conventional Septic
Stories Total
2
View
Neighborhood
Financial
Association Fee
0.00
Map
Contact Us
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Community
- Address5401 Capistrano Avenue Atascadero CA
- NeighborhoodATSC – Atascadero
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
Subdivisions in Atascadero
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Property Summary
- 5401 Capistrano Avenue Atascadero CA is a Single Family for sale in Atascadero, CA, 93422. It is listed for $1,075,000 and features 5 beds, 5 baths, and has approximately 2,724 square feet of living space, and was originally constructed in 1918. The current price per square foot is $395. The average price per square foot for Single Family listings in Atascadero is $481. The average listing price for Single Family in Atascadero is $980,058.
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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
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Courtesy of Acquire Mortgage & Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 5401 Capistrano Avenue
Atascadero, CA
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