5285 Capistrano Avenue, Atascadero, CA

$575,000

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3

Beds

2

Baths

0.17

Acres

About 5285 Capistrano Avenue

Fantastic investment opportunity in the heart of Atascadero! Ideal for investors, contractors, or buyers looking to live in one unit while generating income from the other. Situated on a 7,500 sq. ft. lot, this property features two separate units, each with its own private yard. Unit A offers approximately 928 sq. ft. with 2 bedrooms and 1 bath. Built in 1959, it is in original condition and ready for a full remodel. Features include a spacious living room, separate kitchen with a brand-new stove, indoor laundry room with hookups, built-in hallway and bathroom storage, and a private backyard with covered patioan excellent opportunity to add significant value. Unit B offers approximately 600 sq. ft. and is a remodeled 1-bedroom, 1-bath unit (legally converted garage). Upgrades include new laminate flooring, a fully updated bathroom with new shower, vanity, and toilet, and a brand-new kitchen with cabinets, countertops, stove, and sink. Additional improvements include new lighting, a new gas line, new plumbing, and a brand-new mini-split system providing efficient heating and air conditioning. Laundry hookups are located in the workshop, and the unit also features its own private backyard. Both units feature new roofs, providing added peace of mind and long-term value. Located within walking distance to downtown Atascadero, this property offers convenience, flexibility, and excellent upside potential. Dont miss this rare opportunity!

Features of 5285 Capistrano Avenue

MLS® # NS26065826
Price $575,000
Bedrooms 3
Bathrooms 2.00
Acres 0.17
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 5285 Capistrano Avenue
Area ATASCADERO (93422)
City Atascadero
County San Luis Obispo
State CA
Zip Code 93422

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Floor Furnace,Other/Remarks
Cooling Other/Remarks
Fireplace Yes
Stories 1 Story

Exterior

Construction Stucco,Wood

Additional Information

Date Listed March 30th, 2026
Days on Market 28
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAttune Real Estate

Listing Map

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