***BACK ON MARKET AFTER UPGRADES: Older part of roof replaced, Laminate flooring installed through whole house and new carpet installed in bedrooms. All electrical receptacles, hardware and majority of light fixtures in home updated. The Interior of the home was completely painted, the large oak tree over the home was professionally trimmed and extensive carpentry repairs were completely on the outside of the home.*** ZONED MULTI Family (MF-10) Discover this exceptional opportunity on a generous 3/4-acre flag lot in the heart of Atascadero. Driveway is not on easement it is part of property. This 3 bedroom, 2 bathroom home offers tremendous potential with its valuable multi-family zoning, perfect for investors or those seeking future income potential. The elevated position provides views from both the master bedroom deck and welcoming front porch. Ample parking with a carport and driveway going all around the rear of home. A major plus is the covered RV parking that can accommodate roughly 30 foot trailer or motorhome with FULL sewer, electrical and water hookups. Already generating income, the property features a recently converted garage transformed into a stylish studio apartment with custom finishes and new appliances. (Garage conversion not included in square footage). This turnkey rental unit currently commands appx $1,450 monthly, providing immediate cash flow while you explore additional development opportunities. Magnificent mature oak trees grace the property, creating a serene atmosphere and providing natural shade during summer months. The secluded flag lot design offers privacy while remaining just minutes from Atascadero's conveniences, shopping, dining, and highway access. Whether you're looking for a comfortable residence with future development possibilities or an immediate investment opportunity, this multi-family zoned property delivers both lifestyle and financial advantages in one of Atascadero's most convenient locations.
Days on market: 51
Listing updated: September 07, 2025 - 03:03:09
Listed by: Seth Peek DRE #02152940 805-464-2914, Peek Realty - North San Luis Obispo
Source: North San Luis Obispo, MLS#: NSPEEKRLTY Originating MLS: CRMLS
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