5285 Capistrano Avenue

Off Market

5285 Capistrano Avenue

Atascadero CA 93422

7500 sq. ft.

Multi-Family

Last sold for $575,000

Lauri Strain, last sold this property on 13 May 2026 after 43 days on market.

Overview

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

3 bedrooms

2 bathrooms

7500 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Atascadero over the last 12 months.

Property history for 5285 Capistrano Avenue

2026

Sold

$575,000

13 May 2026 by Lauri Strain, of Attune Real Etate

Happy sellers in Atascadero

90%

90% of sellers in Atascadero reported that their sale price either exceeded or met their price expectations.

Atascadero stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Atascadero over the last 12 months.

Local market activity for 3 bedroom multi families in Atascadero

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Atascadero for a market analysis.

Kandie Frederick

at Country Real Estate

(33 reviews)

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Chelsea King

at Invest SLO

(12 reviews)

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Emily Armet

at Avalon Real Estate

(19 reviews)

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Mary Arnold

at Santa Lucia Properties-arnold

(16 reviews)

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Nearby agents

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Kandie Frederick

Sellers who recommend Kandie Frederick have praised them for being local expert, responsive, hard-working, clear communication, attentive, friendly, and pleasant