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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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5401 Capistrano Avenue, Atascadero – $922,000

  • 5 Beds
  • 5 Baths
  • 2,724 Sqft
  • .41 Acres
  • 5 Beds
  • 5 Baths
  • 2,724 Sqft
  • .41 Acres

5401 Capistrano Avenue

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.

Essential Information

  • MLS® #SC25100493
  • Price$922,000
  • Bedrooms5
  • Bathrooms5.00
  • Full Baths5
  • Square Footage2,724
  • Acres0.41
  • Year Built1918
  • TypeResidential
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address5401 Capistrano Avenue
  • AreaATSC - Atascadero
  • CityAtascadero
  • CountySan Luis Obispo
  • Zip Code93422

Amenities

  • Parking Spaces8
  • ViewNeighborhood
  • PoolNone

Interior

  • CoolingNone
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Interior Features

Bedroom on Main Level, Primary Suite, Main Level Primary

Exterior

Lot Description

Back Yard, Level, Front Yard, Street Level

School Information

  • DistrictAtascadero Unified

Additional Information

  • Date ListedMay 6th, 2025
  • Days on Market138
  • ZoningMF10

Listing Details

  • AgentLevi Seligman
  • OfficeAcquire Mortgage & Real Estate
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Price Change History for 5401 Capistrano Avenue, Atascadero, (MLS® #SC25100493)

Date Details Change
Price Reduced from $995,000 to $922,000 $73,000 (7.34%)
Price Reduced from $1,075,000 to $995,000 $80,000 (7.44%)

Levi Seligman, Acquire Mortgage & Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of December 22nd, 2025 at 10:11am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.